facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Office

/

Sale

/

10 S Main St Natick, MA 017...

Warren Cross Jr. Acquires Office Building In Natick, MA For $2.4M
SOLDOffice

Warren Cross Jr. Acquires Office Building In Natick, MA For $2.4M

10 S Main St Natick, MA 01760, USA

$2,400,000

$125/SF

Building Size

19,081 SF

Asset Type

Office

Closing

Jun 28, 2023

AI

A 19,081 square foot office property located at 10 Main Street in Natick, MA has been sold for $2,400,000. The property was purchased by Warren Cross Jr. from Cross Insurance.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $2,400,000
  • Square Footage: 19,081
  • Price per Square Foot: $126
  • Address: 10 Main Street, Natick, MA
  • Market: Natick, MA

The sale of this office asset was facilitated by Adam Meixner, Jeremy Freid, Tyler Capecci, and Meghan Huebner from 128 CRE, representing Cross Insurance as the seller's representatives.

Players

Adam Meixner

128 CRE

Broker

$150M

vol

19 deals

Broker

Boston Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.61%

Cash-on-Cash

-1.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93