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46400 Fremont Boulevard

Boston Scientific Leases Industrial Space In Fremont From Dollinger Properties
LEASEDIndustrial

Boston Scientific Leases Industrial Space In Fremont From Dollinger Properties

46400 Fremont Boulevard

$18

$18/SF

Building Size

138,343 SF

Asset Type

Industrial

Closing

Sep 6, 2022

AI

46400 Fremont Boulevard, located in Fremont, has recently been leased. The industrial property, with a total area of 138,343 square feet, was leased to Boston Scientific. The lease transaction was facilitated by Michael F. Mahoney, who represented Boston Scientific as their broker representative. The property is owned by Dollinger Properties.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Date: 09/06/2022
  • Address: 46400 Fremont Boulevard
  • Market: Fremont
  • Tenant: Boston Scientific
  • Tenant's Representative: Michael F. Mahoney
  • Asking Rent: $18/ft
  • Total Square Footage: 138,343

Michael F. Mahoney played a crucial role in negotiating the lease deal between Dollinger Properties and Boston Scientific. The transaction demonstrates the active market for industrial properties in Fremont and the ability of experienced brokers to secure valuable deals for their clients.

Players

DP
Dollinger PropertiesLandlord

Fremont Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

881277.78%

Cash-on-Cash

-251871.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93