H And S Partners Sells Flex / Life Sciences Property In Natick, MA For $3.5M
SOLD
$3,500,000
Maine
See Similar DealsLife Sciences7,676 SF
Sold 02/14/2023
SOLD
H And S Partners Sells Flex / Life Sciences Property In Natick, MA For $3.5M
19 Strathmore Road
See Similar DealsLife Sciences7,676 SF
Sold 02/14/2023
Summary
MAINE
Asset Type:Life Sciences
Price Per Square Foot:$456
Total Square Footage:7,676 SF
Transaction Type:Sale
The flex / life sciences property located at 19 Strathmore Road in Natick, MA has been sold for $3,500,000. This property spans 7,676 square feet, resulting in a price per square foot of $456.
Summary of transation details
- Property Type: Flex / Life Sciences
- Transaction Amount: $3,500,000
- Address: 19 Strathmore Road, Natick, MA
- Market: Natick, MA
The sale of this property was facilitated by Andrew Sherman and Joe Laursen from Kelleher & Sadowsky Associates Inc, representing the seller, H And S Partners.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$186,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,591.79
Annual Debt Service$199,101.43
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