Precision Doors & Hardware Leases 10,000 SF Industrial Space In Easton, MA With Landlord's Rep Robert Strelke
19 Norfolk Avenue South Easton, Maryland 02375, USA
Building Size
10,000 SF
Asset Type
Industrial
Closing
Jun 16, 2023
AI
A new 10,000 square foot industrial lease has been facilitated in Easton Industrial Park, Massachusetts. Precision Doors & Hardware, a supplier of commercial doors, frames, and hardware, has signed the lease for space at 19 Norfolk Dr., Easton, MA.
Summary of transation details
- Property Type: Industrial
- Transaction Date: 06/16/2023
- Address: 19 Norfolk Avenue, Easton, MA
- Market: Easton, MA
- Square Footage: 10,000
R.W. Holmes represented the landlord, Atlantic Management, in this lease transaction. Cushman & Wakefield acted as the tenant's representative.
Players
Easton 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