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Single-Tenant Industrial

1 Rex Drive

1 Rex Dr, Braintree, MA 02184

Listing Price: Request For Offer

Lot Size
5.00 acres
Year Built
1966
Rentable SF
61,800

Investment Overview

Marcus & Millichap is pleased to offer One Rex for immediate sale subject to a five-year leaseback by the seller. This concrete block facility is situated at the confluence of Interstate 95, Interstate 93 and Route 3 only eleven miles from Downtown Boston. This true last mile location provides truck access to core Boston in under fifteen minutes. Over a million people live within a forty-minute public transit trip of the property. The building has been retrofitted for EMCO/FGS LLC, a sophisticated commercial printer specializing in government ID cards and fulfilment services. The warehouse and office spaces are fully climate controlled. Following the initial lease term, the buyer of this facility will be able to take advantage of market rents that are already substantially higher than the $10.50 PSF proposed leaseback rent. The proposed NNN lease structure provides for a truly passive income stream.

Investment Highlights

  • Only Eleven Miles From Downtown Boston
  • Proposed Five Year Leaseback to Long Term Tenant
  • Close proximity to I-93, Route 3, Route 28 and Route 24

Exclusively Listed By

Financing By

Single-Tenant Industrial

1 Rex Drive

Listing Price: Request For Offer

Lot Size
5.00 acres
Year Built
1966
Rentable SF
61,800

Investment Highlights

  • Only Eleven Miles From Downtown Boston
  • Proposed Five Year Leaseback to Long Term Tenant
  • Close proximity to I-93, Route 3, Route 28 and Route 24

Investment Overview

Marcus & Millichap is pleased to offer One Rex for immediate sale subject to a five-year leaseback by the seller. This concrete block facility is situated at the confluence of Interstate 95, Interstate 93 and Route 3 only eleven miles from Downtown Boston. This true last mile location provides truck access to core Boston in under fifteen minutes. Over a million people live within a forty-minute public transit trip of the property. The building has been retrofitted for EMCO/FGS LLC, a sophisticated commercial printer specializing in government ID cards and fulfilment services. The warehouse and office spaces are fully climate controlled. Following the initial lease term, the buyer of this facility will be able to take advantage of market rents that are already substantially higher than the $10.50 PSF proposed leaseback rent. The proposed NNN lease structure provides for a truly passive income stream.

Exclusively Listed By

Financing By

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