Bldgs 12 & 13 119R Foster St 43,600 SF 100% Leased Flex Building Peabody, MA 01960 $5,900,000 ($135.32/SF) 5.39% Cap Rate
INVESTMENT HIGHLIGHTS
- Very little accrued maintenance on building
- Exposed natural light and brick allow for an excellent work environment
- Easy Access from Route 1, Lowell, ST, Route 128, Route 95, & Route 114
EXECUTIVE SUMMARY
Contact Tim for more details
PROPERTY FACTS
| Price | $5,900,000 |
| Price Per SF | $135.32 |
| Sale Type | Investment |
| Cap Rate | 5.39% |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | B |
| Lot Size | 1.82 AC |
| Rentable Building Area | 43,600 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1884/2002 |
| Parking Ratio | 1.83/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 4 |
AMENITIES
- Signage
- Storage Space
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
ZONING
| Zoning Code | GB (General Business District) |
