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175 Paramount Dr 27,690 SF 100% Leased Office Building Raynham, MA 02767 $4,850,000 ($175.15/SF) 7.58% Cap Rate
Investment Highlights
- 100% Leased - Long term tenants.
- Desirable location.
- Two recent lease renewals.
Executive Summary
PRICE REDUCED, MOTIVATED SELLER.
Details now available. Email rick@cicrealty.com.
Details now available. Email rick@cicrealty.com.
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Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Building Size
27,690 SF
Building Class
B
Year Built/Renovated
1991/2016
Price
$4,850,000
Price Per SF
$175.15
Cap Rate
7.58%
NOI
$367,500
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
9,230 SF
Slab To Slab
9’
Building FAR
0.21
Lot Size
3.03 AC
Zoning
Commercial
Parking
135 Spaces (4.88 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Property Taxes
| Parcel Number | RAYN-000015-000176-000004A | Improvements Assessment | $3,798,000 |
| Land Assessment | $570,000 | Total Assessment | $4,368,000 |
Property Taxes
Parcel Number
RAYN-000015-000176-000004A
Land Assessment
$570,000
Improvements Assessment
$3,798,000
Total Assessment
$4,368,000
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175 Paramount Dr
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