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30 Nagog Park

MAG RE Holdings Acquires 30 Nagog Park Office Building In Acton, MA For $1.5M
SOLDOffice

MAG RE Holdings Acquires 30 Nagog Park Office Building In Acton, MA For $1.5M

30 Nagog Park

$1,500,000

$113/SF

Building Size

13,194 SF

Asset Type

Office

Closing

Oct 13, 2023

AI

A multi-tenant office building located at 30 Nagog Park in Acton, MA has been sold for $1.5 million. The property sits on 1.2 acres and features a 13,194-square-foot brick building. It offers ample parking, views of Nagog Pond, and convenient access to I-495 and Route 2.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $1,500,000
  • Address: 30 Nagog Park, Acton, MA
  • Market: Acton, MA
  • Acres: 1.2

The buyer, MAG RE Holdings - Acton, LLC, acquired the property from the seller, Infotree Investment LLC. The deal was facilitated by broker Rob McGarry of O'Brien Commercial Properties.

Players

Rob McGarry

O'Brien Commercial Properties

Broker

$10.5M

vol

3 deals

Broker
ML
MAG RE Holdings Acton LLCBuyer

Acton Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93