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Executive Summary

Cushman and Wakefield, as exclusive advisor, is pleased to present the opportunity to purchase 1 Norfolk Avenue, a 78,600 square foot industrial and logistics facility situated on 15.27 acres in South Easton, Massachusetts, and ready for immediate occupancy. The building is a single-story structure with mezzanine office space, built in 1984, featuring two warehouse bays totaling 43,700 SF (one at 18' clear height, one at 25'), roughly 20,000 SF of flex manufacturing space, a 4,000 SF processing area, and 5,000 SF of lab and office space. Seven dock-height loading doors, a 20-space truck court, 107 parking spaces, a reinforced concrete slab, and an ESFR sprinkler system round out a building that is genuinely move-in ready. The roof was replaced in 2012, and major building systems are in solid condition, limiting expected Capital Expenditures for investors.
South Easton sits directly along the Route 24 corridor, putting the property four minutes from Route 24, ten minutes from I-495, and within 15 minutes of both I-93 and I-95. Boston is a 20-minute drive, Providence is 40 minutes and Logan International Airport is 25 miles away. For any logistics operator, distributor, or manufacturer that needs to move product efficiently across New England, this address checks every box.

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Property Facts

Price $11,500,000
Price Per SF $146.93
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
Building Class B
Lot Size 15.27 AC
Rentable Building Area 78,268 SF
No. Stories 1
Year Built 1984
Tenancy Single
Parking Ratio 1.36/1,000 SF
Clear Ceiling Height 25’
No. Dock-High Doors/Loading 7
Zoning I - Industrial

Utilities

  • Lighting
  • Water
  • Sewer
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
EAST-000034U-000009D
Land Assessment
$1,883,200
Improvements Assessment
$6,935,100
Total Assessment
$8,818,300
  • Listing ID: 31061716

  • Date on Market: 2/27/2024

  • Last Updated:

  • Address: 1 Norfolk Ave, South Easton, MA 02375

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