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28 Diana Lane, Dracut, MA

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28 Diana Lane

Dracut, MA 01826 - Groton/Townsend Ind Submarket

Property Type:Industrial Sub Type:- Status:Existing Year Built:1989
Building Size:69,000 SF Land Area:6.79 AC (295,772 SF)
Ceiling Height:- Loading Docks:- Rail:- Power:-
For Sale Price:$7,393,000 Price/SF:$107.14
Cap Rate:7.00 %
Zoning:- Sprinklers:- Drive Ins:- Cranes:-

Sale Notes:
This is the unique opportunity to purchase a 69,000 SF building in Dracut, Massachusetts. The property is leased to Verizon New England, a wholly owned subsidiary of Verizon and is used as a multi-purpose service facility. The building was build-to-suit for Verizon.

The facility serves a vast area surrounding the property and is used for servicing existing product line, service vehicles, dispatch, service calls. Additionally, the property houses a warehouse, service bays and fiber optic materials. The building has 20,000 SF of recently updated office space, used a call center and engineering facility. The facility is highly secured and gated, with cameras and alarms. The recently renewed lease has 7.5 years remaining. The landlord is responsible for roof and structure. The Firestone roof has 11 years of warranty remaining. The tenant has two 5 year options to renew.

SVN The Kase Group
Jacob Abusharkh
(925) 231-1770

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