100% Net Leased Flex Property For Sale
1901 views
Video added by
MANSARD
| Date Uploaded: July 29, 2021
| Date Created:
Description
95 Billerica Avenue is a 74,031 SF Flex property that is 100% leased to Aved Electronics (A Lithion Company) and Cristek Interconnects -- two world-class contract manufacturers. The property features a newly installed freight lift along with a renovated, two-story atrium, lobby, brand new second story floor windows installed in 2020, two tailboard loading docks, and abundant employee parking. The second floor has been built out to accommodate Aved's expansion, leased to Aved at a below-market rental rate, as well as Cristek's new growth. The property offers a weighted average lease term of 6 years with a net operating income of $672,430 with 15% contractual NOI growth over the lease term.
Categories:
Commercial Properties for Sale
Property Types:
Industrial, Mixed-Use: Industrial / Office
States:
MASSACHUSETTS
Regions:
Middlesex County
Suggested Videos
Net Lease TV 101 A - Algebra 1:1 Refinance Plus Est Cost
In this video feed Chris Marabella discusses several commercial real estate owners issues with maturing loans with increased rate range as of late. He uses Algebriac formula to determine the amortization and estimated rate to refinance one to one with estimated cost. At current rates some owners are required to do cash in refinances for maturing Net Lease loans that were done when rates were 2.50% to 5.50%.
If you have a loan maturing and would like Chris to analyze your Net Lease transacti
Net Lease TV 101 A - Algebra 1:1 Refinance Plus Est Cost
n this video feed Chris Marabella discusses several commercial real estate owners issues with maturing loans with increased rate range as of late. He uses Algebriac formula to determine the amortization and estimated rate to refinance one to one with estimated cost. At current rates some owners are required to do cash in refinances for maturing Net Lease loans that were done when rates were 2.50% to 5.50%.
If you have a loan maturing and would like Chris to analyze your Net Lease transactio
.jpeg)
Net Lease Capital Market Update from Mortgage Bankers Convention at Grand Hyatt San Diego Last Week
Capital Market Update from Mortgage Bankers Convention at Grand Hyatt San Diego Last Week For Starbucks, 7-Eleven, Chick-Fil-A, Chipotle, Raising Cane's, Tractor Supply, Dollar General and Other BBB- or Better S&P Investment Grade Occupied Tenants - Call or Text Chris Marabella for a Quick Back of the Napkin Quote for Your Net Lease Transaction / Property at (760) 803-6464 or Email us at nnn@marabellafinance.com 🏛️ 🍔 🧋 💰
Ask