Industrial Property In Canton, MA Sold For $2.5M - Harrison Klein & James Manning - Marcus & Millichap
9 Pequot Way, Canton, Massachusetts 02021, United States
$2,475,000
$206/SF
Building Size
12,000 SF
Asset Type
Industrial
Closing
Aug 11, 2022
AI
Located at 9 Pequot Way in Canton, MA, this industrial property recently changed hands in a sale transaction. The property spans approximately 12,000 square feet and is characterized by its industrial purpose. The deal was facilitated by brokers Harrison Klein and James Manning from Marcus & Millichap. The transaction took place on August 12, 2022, and the property was sold for a total price of $2,475,000, resulting in a price per square foot of $206.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: $2,475,000
- Square Footage: 12,000
- Address: 9 Pequot Way, Canton, MA
- Market: Canton, MA
Leading the deal were brokers Harrison Klein and James Manning from Marcus & Millichap. They successfully facilitated the transaction between the buyer and seller, ensuring a smooth process for both parties involved.
Players
Canton 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
6.41%
Cash-on-Cash
-1.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93