Child Construction Co. Inc Leases 1 Madison Street Industrial Space To Mazzotta Rentals In Plainville
1 Madison Street
Building Size
8,874 SF
Asset Type
Industrial
Closing
May 23, 2025
AI
The property asset involved in this transaction is located at 1 Madison Street in Plainville, MA. It consists of an industrial space totaling 8,874 square feet and includes 2.44 acres of outdoor storage, leased by Mazzotta Rentals from Child Construction Co. Inc.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Lease Date: 05/23/2025
- Landlord: Child Construction Co. Inc
- Tenant: Joseph J. Mazzotta - Mazzotta Rentals
- Landlord's Representative: James Stubblebine - The Stubblebine Company
- Tenant's Representatives: David Skinner, Devon Wagner & Vin Cannistraro - Prescott Advisory
The transaction saw Prescott Advisory representing Mazzotta Rentals, involving key individuals in the leasing process. James Stubblebine represented the landlord, facilitating the agreement for the industrial space at 1 Madison Street.
Players
Plainville 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