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8100 Lynhurst Road

Titan Steel Corporation Acquires 19,000 Square Foot Industrial Facility In Dundalk For $2.3M
SOLDIndustrial

Titan Steel Corporation Acquires 19,000 Square Foot Industrial Facility In Dundalk For $2.3M

8100 Lynhurst Road

$2,300,000

$121/SF

Building Size

19,000 SF

Asset Type

Industrial

Closing

Jul 6, 2026

AI

The industrial property located at 8100 Lynhurst Road in Dundalk, MD encompasses 2.27 acres with a manufacturing facility spanning nearly 19,000 square feet. The property was sold for $2,300,000, resulting in a price per square foot of $121.

Summary of transaction details:

This transaction marks the sale of Joseph Kavanagh Co.’s manufacturing facility, coinciding with the company's decision to wind down operations after 160 years in the metal bending and rolling industry. The representation of the seller during this transaction was facilitated by MacKenzie Commercial Real Estate Services, led by brokers Andrew Meeder, Matthew Curran, and Alton Curry.

Players

Andrew Meeder

MacKenzie Commercial Real Estate Services

Broker

$77.4M

vol

20 deals

Broker
Titan Steel Corporation
Titan Steel CorporationBuyer

Lynhurst Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93