412-286-1984
81 Cove St, New Bedford, MA for Sale
Industrial - FOR SALE
1/3
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81 Cove St
New Bedford, MA 02744


HIGHLIGHTS

  • All climate-controlled ±91,858 NRSF facility converted in 2023 with modern amenities.
  • Strong population density: 85,000+ within 3 miles and 131,000+ within 5 miles.
  • Over $200M in residential development pipeline within a 5-mile radius
  • Limited self-storage supply: 5.03 SF/capita (3-mile), 8.35 SF/capita (5-mile).
  • Solar lease pays $57,000/year with 1.9% annual increases and 11 years remaining.
  • Below market rental rates with room to increase by well over 20%.

OVERVIEW

Broker of Record Kyle Matthews License # 1000083-RE-RB (MA) Matthews Real Estate Investment Services, LLC 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CubeSmart Self Storage

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

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STORIES

3

YEAR BUILT

1910

UTILITIES

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CLEAR CEILING HT

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DOCKS

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DRIVE INS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

NEWB-000021-000000-000053

ASK ABOUT THIS PROPERTY

Jack ConnellyMatthews Real Estate Investment ServicesMore Info
412-286-1984

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Jack ConnellyMatthews Real Estate Investment ServicesMore Info
412-286-1984

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