Triple-Net Manufacturing
For Sale
Contact for pricing
67 Faulkner Street, Billerica, MA 01862
Mission-critical die casting and precision machining facility offered with an absolute triple-net lease.
Property Size272,558 SF
Days on Market52
Property Features for 67 Faulkner Street
General Information
Standard status
Active
Size
272,558 SF
Total Parking Spaces
50
Property subtype
Industrial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Sale/Leaseback
Net Operating Income
$1,226,511
Building Details
Year Built
1880
Buildings
1
Tenancy
Single
Listing Agency:
Ascension Advisory
Listed By:
Chelsea Mandel · License #NY
Source:
Crexi
Added: Jun 30
Changed: Aug 8
Last Checked: Aug 19 at 7:14PM
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 Ascension Advisory
Investment Insights
Based on property information with market context.
The property is a mission-critical manufacturing facility supporting die casting and precision machining operations for aerospace/defense and industrial end-markets. The asset is being operated by Xiphias Cambridge, a highly engineered platform recently carved out from Pace Industries. The sale is structured to include a new 20+ year, absolute triple-net lease, with the tenant fully responsible for taxes, insurance, maintenance, roof, structure, and all operating expenses.
The facility is located at 67 Faulkner Street in North Billerica, Massachusetts.
For buyers, this offering is positioned as a lower-maintenance, passive ownership structure due to the absolute triple-net terms and broad tenant responsibility for building-related expenses. The property’s established use as a precision manufacturing site can also be attractive to investors seeking a single-tenant industrial asset with long-duration lease backing supported by the tenant’s operational focus.
The facility is located at 67 Faulkner Street in North Billerica, Massachusetts.
For buyers, this offering is positioned as a lower-maintenance, passive ownership structure due to the absolute triple-net terms and broad tenant responsibility for building-related expenses. The property’s established use as a precision manufacturing site can also be attractive to investors seeking a single-tenant industrial asset with long-duration lease backing supported by the tenant’s operational focus.
Key Highlights
- Mission‑critical die casting and precision machining manufacturing facility
- Operates from the subject property in North Billerica, Massachusetts
- Xiphias Cambridge will execute a new 20+ year absolute triple‑net lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
155
Businesses Nearby
Explore this area
Business Placement
Demographics for 01862, MA
11,430
Population
4,263
Households
2.7
Avg Household Size
40
Median Age
39%
College-Educated
91%
High-School Grad
9.1 sq mi
ZIP Area
1,256
Density / Sq Mi
$131,214
Median Household Income
$67,595
Median Earnings
$1,881
Median Rent
$503,600
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Mission-critical die casting and precision machining facility offered with an absolute triple-net lease.
Where is this manufacturing property located?
The property is located at 67 Faulkner Street Billerica, MA.
What are key features of this property?
This property features: Mission‑critical die casting and precision machining manufacturing facility; Operates from the subject property in North Billerica, Massachusetts; Xiphias Cambridge will execute a new 20+ year absolute triple‑net lease
