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73 Ward Hill Avenue, Haverh...

Cedar’s Mediterranean Foods Acquires Industrial Property In Haverhill, MA For $3.1M
SOLDIndustrial

Cedar’s Mediterranean Foods Acquires Industrial Property In Haverhill, MA For $3.1M

73 Ward Hill Avenue, Haverhill, Massachusetts 01835, United States

$3,100,000

$173/SF

Building Size

17,876 SF

Asset Type

Industrial

Closing

Jun 13, 2022

AI

Located at 73 Ward Hill Ave in Haverhill, MA, this industrial property was recently sold in a transaction facilitated by Rick Bartley & Anthony Triglione of Nordlund Associates. The property has a total square footage of 17,876 and sold for $3,100,000, resulting in a price per square foot of $173. The buyer of the property is Cedar's Mediterranean Foods, Inc, while Wicklow Realty, LLC acted as the seller.

Summary of transaction details

This sale transaction demonstrates the market activity in the industrial sector of Haverhill, MA. It highlights the successful collaboration between Cedar's Mediterranean Foods, Inc as the buyer and Wicklow Realty, LLC as the seller. Nordlund Associates, represented by Rick Bartley & Anthony Triglione, played a crucial role in facilitating the deal. This transaction showcases the considerable demand and value of industrial properties in the area.

Players

Anthony Triglione

Nordlund Associates

Broker

$33.8M

vol

12 deals

Broker
CI
Cedar’s Mediterranean Foods, IncBuyer
WL
Wicklow Realty, LLCSeller

Haverhill Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.12%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93