146 Mendon St - Loft/Creative Space FOR SALE


Uxbridge, MA 01569
$5,500,000 USD
617-823-3035
146 Mendon St, Uxbridge, MA for Sale
$5,500,000 USD
Loft/Creative Space - FOR SALE
1/25
null | Request Cap Rate

146 Mendon St
Uxbridge, MA 01569


OVERVIEW

My detailed projection is over 20% IRR before depreciation benefits. The assumptions are 50% initial equity, a fifteen year hold with a 6-year rentup of the 80,000 SF of available space, borrowing only for tenant buildouts, and exiting with a sale at a 10% cap rate. 47% of current gross is a US Dept. of Agriculture Lease and 10% rooftop solar just being installed.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$55 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

R&D, Restaurant, Warehouse

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

314

LAND DETAILS

LAND ACRES

3.37 AC

LAND SF

146,797 SF

ZONING

I

APN/PARCEL ID

UXBR-000190-003621

ASK ABOUT THIS PROPERTY

Nicholas DeaneLTI Uxbridge Stanley LPMore Info
617-823-3035

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Nicholas DeaneLTI Uxbridge Stanley LPMore Info
617-823-3035

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.