1034 Pearl Street Brockton, MA 02301
1034 Pearl Street, Brockton, MA, 02301
$8,995,000
For Sale
$8,995,000
Flex space
Property Size52,595 SF
Lot Size1.72 Acres
Price / SF$171.02
Days on Market130
Property Features for 1034 Pearl Street
General Information
- Standard status
- Active
- Size
- 52,595 SF
- Lot size
- 1.72 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1969
Listing Agency
Hartel Realty
(617) 256-3169
Listed by
Greg Hartel
Source
Stevebremis
Added: Mar 14 Updated: Jul 20 at 4:34 pm Checked: Jul 20 at 4:34 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hartel Realty
Investment Insights
Based on property information with market context.
Key Highlights
- 52,595± SF flex/industrial facility on 1.72± acres at 1034 Pearl Street in Brockton, MA
- Built in 1969 and extensively renovated in 2010, 2013, and 2014, with rooftop solar added in 2021
- Flexible space includes reception, multiple office areas, conference room, kitchenette/breakroom, and upper‑level offices
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $833.1k | $15.84 |
| − Vacancy | −$45.8k | −$0.87 |
| EGI | $787.3k | $14.97 |
| − OpEx | −$118.1k | −$2.25 |
| NOI | $669.2k | $12.72 |
52,595 SF · lease $15.84/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$12.40M
$10.85M – $14.46M
NOI $867,660 @ 7.0% cap · market cap 9.65%
Second Best
Warehouse
$9.56M
$8.36M – $11.15M
NOI $669,191 @ 7.0% cap · market cap 7.44%
Theoretical Best
Office A
$25.01M
$21.89M – $29.18M
NOI $1,751,035 @ 7.0% cap · market cap 19.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
ACE Surgical Supply ...
Medical Supply Store
FedEx Drop Box
Postal Service
Similar For Sale Nearby
FAQs
Where is this flex space located?
The property is located at 1034 Pearl Street Brockton, MA.
What is the asking price?
The asking price for this property is $8,995,000.
What are key features of this property?
This property features: 52,595± SF flex/industrial facility on 1.72± acres at 1034 Pearl Street in Brockton, MA; Built in 1969 and extensively renovated in 2010, 2013, and 2014, with rooftop solar added in 2021; Flexible space includes reception, multiple office areas, conference room, kitchenette/breakroom, and upper‑level offices
