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13 Tech Circle, Natick, Mas...

Busek, Inc Acquires Mixed-Use Property In Natick, MA For $3.9M
SOLDMixed-use

Busek, Inc Acquires Mixed-Use Property In Natick, MA For $3.9M

13 Tech Circle, Natick, Massachusetts 01760, United States

$3,896,100

$351/SF

Building Size

11,100 SF

Asset Type

Mixed-use

Closing

Sep 1, 2022

AI

Located at 13 Tech Circle in Natick, MA, this recently sold mixed-use property has been acquired by Busek, Inc from B&L Associates Inc. The transaction was facilitated by Dean Blackey of R.W. Holmes, who represented the buyer in the deal.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $3,896,100
  • Address: 13 Tech Circle, Natick, MA
  • Market: Natick, MA
  • Buyer: Busek, Inc
  • Seller: B&L Associates Inc
  • Broker: Dean Blackey - R.W. Holmes
  • Size: 11,100 square feet
  • Price per square foot: $351

This successful transaction highlights the growing real estate market in Natick, MA. With its mixed-use designation, the property offers a versatile space suitable for various purposes. Dean Blackey, representing R.W. Holmes, played a vital role in facilitating the deal, ensuring a seamless transition of ownership for Busek, Inc.

Players

Dean Blackey

R.W. Holmes Commercial Real Estate

Broker

$38.3M

vol

11 deals

Broker

Natick Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.07%

Cash-on-Cash

-1.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93