Entre Commercial Realty Leases 25600 SF Industrial Facility At 167 Flannigan Road To Local Transportation Company
167 Flannigan Road
Building Size
25,600 SF
Asset Type
Industrial
Closing
Mar 31, 2026
AI
A 25,600 square foot freestanding fleet maintenance facility located at 167 Flannigan Road in the Hampshire market has been leased. The property, built in 2023, includes 12 drive-in doors, two docks, trench drains, air lines, trailer parking, and office space.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Asset Size: 25,600 SF
- Address: 167 Flannigan Road
- Market: Hampshire
Cory Kay, Mike DeSerto, and Elisabeth Lazzara from Entre Commercial Realty represented the transaction, facilitating the lease to a local transportation company that is relocating its headquarters.
Players
Hampshire 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93