242 Libbey Industrial Parkway
Why Is This a Fulcrum Property?
- 27,000 SF Flex Industrial Building
- Purchase Price Well Below Replacement Cost
- Located 1.5 Miles From Route 3 In The Town Of Weymouth
- Fully Leased to Three Tenants
- 7% Preferred Return Targeting Double Digit Total Return Over The Hold Period
We found a fully leased building in the heart of a quickly developing with easy access to Boston. The building is exceptionally well-made and maintained boding well for no unexpected future capital needs. The flexible floor plan, and proximity to myriad large medical and supply businesses, makes this site desirable with upside rentability.
Address: 242 Libbey Industrial Parkway
Size: 27,000 SF (1 floor)
Year Built: 2003
Property Use: Planned Office Park District (Office, Light
Industrial, Warehouse & Research Uses)
Tenancy: 100% leased (3 tenants)
- Stable Income with Upside
- Low Relative Cost Basis and Flexible Floor Plan
- Quality Construction at an Excellent Location
