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105 & 111 Torrey St., Brockton, MA 111 Torrey St 16,060 SF 100% Leased Office Building Brockton, MA 02301 $2,950,000 ($183.69/SF) 8.23% Cap Rate
EXECUTIVE SUMMARY
Pristine office park in Brockton, MA. Right off Rt. 24., on 3.75 acres. Park is comprised of two buildings (5,500 s.f. & 10,560 s.f.) Over 100 parking spaces. 100% leased. Very little turnover. New roof, new deck, new skylights, new gutters, new generator, new well, all new light fixtures inside and out, and much more. Space can become available for a Buyer/User as leases come due. 3.75 Acres.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
16,060 SF
Building Class
B
Year Built/Renovated
1988/2015
Price
$2,950,000
Price Per SF
$183.69
Cap Rate
8.23%
NOI
$242,837
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,280 SF
Building FAR
0.10
Lot Size
3.75 AC
Zoning
C5 - Commercial professional office/medical park.
Parking
100 Spaces (9.47 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 018-166 | Improvements Assessment | $667,400 |
| Land Assessment | $522,400 | Total Assessment | $1,189,800 |
PROPERTY TAXES
Parcel Number
018-166
Land Assessment
$522,400
Improvements Assessment
$667,400
Total Assessment
$1,189,800
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105 & 111 Torrey St., Brockton, MA | 111 Torrey St
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