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.
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