Little Leaves Behavioral Services Leases 9000 SF Industrial Space In Lutherville Timonium
1840 York Rd, Lutherville-Timonium...
Building Size
9,000 SF
Asset Type
Industrial
Closing
Oct 20, 2021
AI
The industrial property located at 1840 York Rd, Lutherville-Timonium, with a square footage of 9000, was leased in Lutherville Timonium. The landlord, St. John Properties, finalized the lease agreement with the tenant, Little Leaves Behavioral Services, on 10/20/2021.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Applicable
- Address: 1840 York Rd, Lutherville-Timonium
- Market: Lutherville Timonium
- Landlord's Rep: Michael Sacks
- Tenant: Little Leaves Behavioral Services
- Landlord: St. John Properties
- Square Feet: 9000
Michael Sacks, representing the landlord in this transaction, played a crucial role in facilitating the lease of the industrial property to Little Leaves Behavioral Services. The collaboration between the landlord, St. John Properties, and the tenant, Little Leaves Behavioral Services, highlights a significant real estate deal that will impact the commercial landscape in Lutherville Timonium.
Players
Lutherville Timonium Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
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