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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
21615201
20264032

2302 Turnpike St, North Andover, MA 01845 For Sale

JM
MA MA 91287
Charlesgate Realty Group
Listed by Charlesgate Realty Group
$12,500,000
527 days on market
Updated 33 days ago

Prime Investment Opportunity

Details
Property Type Industrial, Office (+1)
Sub Type Flex, Storefront
Square Footage 30,000
Net Rentable (SqFt) 30,000
Units 20
Cap Rate 6.58%
Tenancy Multi
Class A
Year Built 2018
Buildings 2
Stories 3
Acreage 3.520
Zoning Business
Parking Spaces 40 spaces
Parking per 1,000 SqFt 1.33
Investment Type Stabilized
Occupancy Date 02/01/2025
Ground Lease No
Ceiling Height 20
Ownership Family Trust

Industrial | 6.58% CAP | 30,000 SqFt

Marketing description

Fabulous opportunity for an owner-user or investor. Multi Tenanted, approximately 30,000 square foot building on 3.519 acres features office, retail, warehouse, garage/contractor bays and high end vehicle storage. Located on highly trafficked Route 114. Convenient to major highways and 21 miles from Boston.

Investment highlights

CLASS A Quality Property with a 6.58 % CAP RATE

Listing Contacts

JM
MA MA 91287
Charlesgate Realty Group
Listed by Charlesgate Realty Group

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Additional Information

Name
John Magazzu
License
MA 91287
Brokerage
CHARLESGATE
Brokerage Phone
781-944-7653
Brokerage Address
672 Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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