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Delaware

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Industrial

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701 Garasches Lane

Updated Jun 3, 2026

Shaw Real Estate Acquires Industrial Property From Fibre Processing Corp For $6.9M In Wilmington
SOLDIndustrial

Shaw Real Estate Acquires Industrial Property From Fibre Processing Corp For $6.9M In Wilmington

701 Garasches Lane

$6,900,000

$69/SF

Building Size

100,000 SF

Asset Type

Industrial

Closing

May 27, 2026

About this deal

AI

No summary available.

Players

Daniel Reeder

CBRE

Broker

$6.9M

vol

1 deal

Broker
SE
Shaw Real EstateBuyer
FC
Fibre Processing CorpSeller

Market Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $69 per square foot on a published $6.9M for 100,000 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.30%

Cash-on-Cash

-0.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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