Josh Kanter & Anthony D'Ambrosia Of NNN Pro Group Represent Buyer In Barre Industrial Sale For $3.92M
54 Parker Road
$3,922,815
$159/SF
Building Size
24,650 SF
Asset Type
Industrial
Closing
Jun 1, 2025
AI
The property asset involved in the transaction is an industrial facility located at 54 Parker Road in Barre, VT. The sale price for the property was $3,922,815, and it comprises a total area of 24,650 square feet, resulting in a price per square foot of $159.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,922,815
- Square Footage: 24,650
- Price Per Square Foot: $159
- Market: Barre, VT
- Buyer's Representative: Josh Kanter & Anthony D'Ambrosia - NNN Pro Group
- Seller's Representative: Judson Kauffman - NNN Pro Group
- Broker: Glen Kunofsky - NNN Pro Group
This transaction involved Surmount, along with their broker of record Bang Realty-New England, Inc, who facilitated the sale of the Frito Lay Distribution Center in Barre, VT, showcasing the involvement of multiple representatives from NNN Pro Group, highlighting their role in the transaction.
Players
Barre Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.04%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93