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19 Strathmore Road

H And S Partners Sells Flex / Life Sciences Property In Natick, MA For $3.5M
SOLDLife Sciences

H And S Partners Sells Flex / Life Sciences Property In Natick, MA For $3.5M

19 Strathmore Road

$3,500,000

$456/SF

Building Size

7,676 SF

Asset Type

Life Sciences

Closing

Feb 14, 2023

AI

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.

Players

Andrew Sherman

Broker

$68.7M

vol

4 deals

Broker

Market Life Sciences Market Snapshot

Boundary boundary · Life Sciences · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93