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29486734
29486740

2 Old Worcester Rd, Webster, MA 01570 For Sale

JP
MA MA 9589503
NAI Glickman Kovago & Jacobs
JG
MA MA 9001209
NAI Glickman Kovago & Jacobs
CM
MA 9576624
NAI Glickman Kovago & Jacobs
JG
MA 9566848
NAI Glickman Kovago & Jacobs
MJ
MA 9058150
NAI Glickman Kovago & Jacobs
Listed by NAI Glickman Kovago & Jacobs
$4,250,000
170 days on market
Updated 17 days ago

2 Old Worcester Rd

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 35,000
NOI $360,000
Tenancy Single
Brand/Tenant Zmetra Clear Span Structures
Lease Type NNN
Lease Term 5
Rent Bumps Yes
Lease Options 1-5 year
Year Built 1988
Stories 3
Acreage 1.000
Investment Type Sale/Leaseback
Ceiling Height 20-35'
Loading Docks 5
Dock High Doors 5

Industrial | 35,000 SqFt

Marketing description

2 Old Worcester Rd in Webster, MA presents a strong sale–leaseback opportunity in a well-positioned industrial corridor. Situated at the intersection of Old Worcester Road and Route 12, the property offers direct access to I-395, providing connectivity to other major throughways in Central Massachusetts such as I-90, I-290 and route 20. The building is outfitted with five loading docks and an oversized drive-in door that services the main warehousing. Additionally, there are four drive-in bays outfitted for vehicle service / fleet maintenance along with just over an acre of yard space for industrial outdoor storage. The utility of the building provides long-term viability for the occupying business, making it ideal for investors seeking reliable, tenant-backed income. Please reach out to listing brokers for more details on the financial information regarding the sale-leaseback.

Investment highlights

  • 35,000sf industrial building
  • 5 loading docks
  • 5 drive-in bays
  • 1+ acre IOS
  • 5-year leaseback from Zmetra Clear Span Structures

Listing Contacts

JP
MA MA 9589503
NAI Glickman Kovago & Jacobs
JG
MA MA 9001209
NAI Glickman Kovago & Jacobs
CM
MA 9576624
NAI Glickman Kovago & Jacobs
JG
MA 9566848
NAI Glickman Kovago & Jacobs
MJ
MA 9058150
NAI Glickman Kovago & Jacobs
Listed by NAI Glickman Kovago & Jacobs

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$360,000.00
$30,000.00/mo

Valuation Metrics

0
DSCR
8.47%
Cap Rate
8.47%
ROI

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Additional Information

Name
Joey Powers
License
MA 9589503
Brokerage Phone
(774) 823-0808
Name
James Glickman
License
MA 9001209
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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