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100 Corporate Place

Property Image
SOLD
$11,350,000
James Stubblebine
David Stubblebine

Massachusetts

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Mixed-use282,129 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

100 Corporate Place

100 Corporate Place, 1r Newbury Street & 200 Corporate Place

See Similar Deals
Mixed-use282,129 SF
Sold
James Stubblebine
David Stubblebine
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:Mixed-use
Price Per Square Foot:$40
Total Square Footage:282129 SF
Transaction Type:Sale

Players

David Stubblebine
The Stubblebine Company
David Stubblebine
31 deals$313.6M volume
BROKER
James Stubblebine
The Stubblebine Company
James Stubblebine
36 deals$246.4M volume
BROKER

Details

SOLD
IMAGE: David Stubblebine & James Stubblebine DATE: 11/25/2024 ADDRESS: 100 & 200 Corporate Place; 1r Newbury Street MARKET: Peabody, MA ASSET TYPE: Mixed-use BROKERS: David Stubblebine & James Stubblebine (@James.Stubblebine) - The Stubblebine Company (@StubblebineCompanyCRE) SALE PRICE: $11,350,000 SF: 94,043 ~ PPSF: $121 NOTE: Stubblebine sells Peabody office portfolio: The Stubblebine Company/CORFAC International facilitated the sale of a 98% leased, multi-tenant office portfolio at 100 & 200 Corporate Place and 1R Newbury Street in Peabody, MA, totaling over 94,000 SF.

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CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$605,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$40,324.16
Cash-on-Cash Return-1.27%
Monthly Debt Service$53,804.79
Annual Debt Service$645,657.49