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54 Parker Road

Josh Kanter & Anthony D'Ambrosia Of NNN Pro Group Represent Buyer In Barre Industrial Sale For $3.92M
SOLDIndustrial

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

Glen Kunofsky

Surmount

Broker

$768.6M

vol

106 deals

Broker
NNN Pro Group
NNN Pro GroupBrokerage

Barre Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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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