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372 Stevens St

186,049 SF 4-Star Industrial Building Fall River, MA 02721 $10,046,890 CAD ($54 CAD/SF) 7.17% Cap Rate

Investment Highlights

  • Plenty of parking
  • Close by the South Watuppa Pond

Executive Summary

186,000 sq/ft building on 14 acres. 100,000 sq/ft + - being the original footprint built in 1972 with 22ft ceilings. In 1991 86000 + - sq/ft addition was built with 22 foot ceilings for production and 34' for warehouse shipping area. Exterior masonry building with a flat roof membrane for the 1991 addition. Utilities: Electric 3000 amp 3 phase 575v and 1500 3 phase 480v, natural gas, city water & sewer. 1 Firestone 060 EPDM fully adhered 15 year 55MPH warranty installed in 2015. 7 Dock height doors east and south sides of building. The NNN single tenant is Brookwood® Companies Incorporated.

Property Facts Under Contract

Price $10,046,890 CAD
Price Per SF $54 CAD
Sale Type Investment NNN
Cap Rate 7.17%
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Warehouse
Building Class B
Lot Size 14.79 AC
Rentable Building Area 186,049 SF
No. Stories 2
Year Built 1972
Tenancy Single
Parking Ratio 0.54/1,000 SF
Clear Ceiling Height 34 ft
No. Dock-High Doors/Loading 7

Amenities

  • 24 Hour Access

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
FALL-000026E-000000-000001
Land Assessment
$2,056,969 CAD
Improvements Assessment
$5,146,120 CAD
Total Assessment
$7,203,088 CAD

zoning

Zoning Code IND (Industrial Assessed Value Year 2024 Building Value 3,579,800 Xtra Features Value 38,80 Land Value 1,446,400 Total Value 5,065,000)
IND (Industrial Assessed Value Year 2024 Building Value 3,579,800 Xtra Features Value 38,80 Land Value 1,446,400 Total Value 5,065,000)
  • Listing ID: 33041994

  • Date on Market: 2024-09-03

  • Last Updated:

  • Address: 372 Stevens St, Fall River, MA 02721

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