76 Walker RdShirley, MA 01464

Property Details for 76 Walker Rd

Year built

1985

Construction

STEEL FRAME

Lot size

5.01 AC

Property size (Sq ft)

40,374 SF

Zone code

RR

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

SHIR M:0029 B:000A L:00004

APU

SHIRM0029B000AL00004

Description

This exceptional investment opportunity presents a single-tenant net-leased manufacturing property located at 76 Walker Road, Shirley, Massachusetts, in Middlesex County. The property boasts a substantial 40,374 square feet of space within a single building constructed in 1985, situated on a generous 5.01-acre lot. The asking price is $3,300,000, offering a compelling 8.00% capitalization rate based on a Net Operating Income (NOI) of $263,929. The property's functionality is enhanced by six loading docks and three dock-high doors, catering to efficient logistics and material handling. This industrial property is ideal for investors seeking a stable, high-yield investment with a long-term lease in place. The property's location in Shirley, MA, provides convenient access to major transportation routes, further enhancing its appeal. The property's strong financial performance and strategic location make it a highly attractive investment opportunity in the thriving Massachusetts market. The single-tenant structure minimizes management complexities, providing a streamlined and predictable income stream. This is a rare opportunity to acquire a well-maintained, high-performing industrial asset with significant upside potential. The property's size and features make it suitable for a variety of manufacturing operations. The zip code is 01464.

• Alternative Use

  Use

  Valuation

  Residential

  $7,640,340

  Hospitality

  $6,998,510

  Educational

  $5,822,678

  Medical

  $6,022,930

  Retail

  $9,057,500

Location Insight

City

Shirley

County

Middlesex

State

Massachusetts

Latitude

42.5584

Longitude

-71.6168

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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