125 Carlon Dr Northampton, MA 01060

Property Details for 125 Carlon Dr

Year built

1998

Lot size

1.53 lot acres

Property size

23,525 SF

Zone code

HB

Property type

Showrooms

APN

NHAM M:024B B:0084 L:0001

APU

NHAMM024BB0084L0001

Description

This exceptional investment opportunity comprises a diverse portfolio of 25 properties strategically located across ten states: Massachusetts, New York, Ohio, Pennsylvania, Rhode Island, Georgia, Texas, Indiana, Oklahoma, and Connecticut. The portfolio includes a mix of retail and industrial properties, with a significant portion consisting of warehouse space. Individual property sizes range from 4,900 to 81,000 square feet. The portfolio boasts a substantial net operating income (NOI) of approximately $2,265,400. Land value per square foot varies from $2.40 to $8.75, reflecting the diverse locations and property types. Tenants include a mix of publicly traded companies and regional players in the automotive parts distribution industry, with a total of 10 different tenants. The portfolio features 19 retail sites (one with two tenants), three vacant stores, and four warehouse buildings. The properties are offered under a triple-net (NNN) lease structure, with the landlord responsible for roof, structure, and parking lot paving. While a portfolio sale is preferred, the seller will consider offers for individual properties or smaller subsets of the portfolio. The portfolio is offered unpriced, with the NOI serving as a key indicator of its value. Detailed property information, including specific addresses and locations within each state, is available upon request. This is a rare opportunity to acquire a substantial, diversified commercial real estate portfolio with significant income potential.

Location Insight

City

Northampton

County

Hampshire

State

Massachusetts

Longitude

-72.6375

Latitude

42.3329

CBSA code

44140

CBSA name

SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments