Updated Oct 29, 2024
Alpha Chemical Leases 30,000 SF Industrial Building At 101 Wales Ave, Avon, MA
101 Wales Avenue Avon, Massachusetts 02322, USA
Building Size
30,000 SF
Asset Type
Industrial
Closing
Jun 28, 2023
About this deal
AI
Alpha Chemical Services, Inc has leased a 30,000 square foot industrial building located at 101 Wales Avenue in Avon, MA. The property, owned by Casey & Hayes Inc, is situated in the Avon market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 101 Wales Avenue
- Market: Avon, MA
- Square Footage: 30,000 SF
Taber Keally from M. Donahue & Associates represented the landlord, Casey & Hayes Inc, in this lease deal. Chris Michniewicz and David Berman from The Stubblebine Company/CORFAC International acted as the tenant's representatives for Alpha Chemical Services, Inc.
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Industrial
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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