West Bridgewater Flex Space
For Sale
$1,890,000
793 W Center St, West Bridgewater, MA 02379
8,010 SF industrial/flex space property in West Bridgewater, MA.
Property Size8,010 SF
Price / SF$235.96
Days on Market239
Property Features for 793 W Center St
General Information
Standard status
Active
Size
8,010 SF
Property subtype
Industrial
Building Details
Building Size
8,010 SF
Year Built
2004
Listing Agency:
NAI | Parsons Commercial Group - Boston
Listed By:
Jay Cannon
(508) 244-1360
Source:
Naiglobal
Added: Mar 6
Changed: Aug 14
Last Checked: Oct 30 at 12:05PM
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 NAI | Parsons Commercial Group - Boston
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 8,010 square foot industrial/flex space property is located in West Bridgewater, Massachusetts. Constructed in 2004, the property consists of two units and is currently 100% occupied. The property offers versatile space for flexible use. The location provides easy access to Route 24.
Key Highlights
- 8,010 SF industrial/flex space property offering versatile use.
- Built in 2004, indicating a relatively modern construction.
- Comprises 2 units, providing potential for diverse tenant base.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$148,385
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,967,700
$3.0M
Cap Rate 7%
$2,119,786
$2.1M
Cap Rate 9%
$1,648,722
$1.6M
Market Conditions
NOI Build-Up for 8,010 SF
Gross rent
$240.3K $30.00/SF
− Vacancy
−$12.0K −$1.50/SF
EGI
$228.3K $28.50/SF
− OpEx
−$79.9K −$9.98/SF
NOI
$148.4K $18.53/SF
Area
Plymouth County, MA
Vacancy
5.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,967,700
Cap Rate 7%
$2,119,786
Cap Rate 9%
$1,648,722
Alternative Uses
Best Use
Flex RnD
$2.12M
$1.85M – $2.47M
NOI $148,385 @ 7.0% cap · market cap 7.85%
Second Best
Industrial
$1.22M
$1.07M – $1.42M
NOI $85,202 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$4.74M
$4.15M – $5.53M
NOI $331,932 @ 7.0% cap · market cap 17.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
177
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 02379, MA
7,697
Population
2,955
Households
2.6
Avg Household Size
43
Median Age
43%
College-Educated
96%
High-School Grad
15.3 sq mi
ZIP Area
503
Density / Sq Mi
$124,483
Median Household Income
$56,818
Median Earnings
$2,011
Median Rent
$501,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - 8,010 SF industrial/flex space property in West Bridgewater, MA.
Where is this flex space located?
The property is located at 793 W Center St West Bridgewater, MA.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: 8,010 SF industrial/flex space property offering versatile use.; Built in 2004, indicating a relatively modern construction.; Comprises 2 units, providing potential for diverse tenant base.
