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49 Plain Street, North Attl...

Updated Dec 19, 2023

Greater Boston Commercial Properties, Inc Acquires Office Property In North Attleborough, MA For $1.25M
SOLDOffice

Greater Boston Commercial Properties, Inc Acquires Office Property In North Attleborough, MA For $1.25M

49 Plain Street, North Attleboro, Massachusetts 02760, United States

$1,250,000

$102/SF

Building Size

12,222 SF

Asset Type

Office

Closing

Apr 7, 2022

About this deal

AI

The office property located at 49 Plain St in North Attleborough, MA was recently sold in a transaction facilitated by Bret O’Brien and James Keefe of Greater Boston Commercial Properties, Inc. The sale price for the property was $1,250,000, with a total area of 12,222 square feet. The price per square foot for this transaction was $102.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $1,250,000
  • Square Footage: 12,222
  • Price per Square Foot: $102
  • Address: 49 Plain St, North Attleborough, MA
  • Market: North Attleborough, MA

Bret O’Brien and James Keefe, representing Greater Boston Commercial Properties, Inc, played a pivotal role in the successful sale of this office property in North Attleborough. Their expertise and collaboration ensured a smooth transaction for all parties involved.

Players

James Keefe

Greater Boston Commercial Properties

Broker

$42.9M

vol

16 deals

Broker

North Attleboro Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $102 per square foot on a published $1.3M for 12,222 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.69%

Cash-on-Cash

-3.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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