Updated Dec 4, 2024
Lexvest Group's Nate Nickerson Leases Ayer, MA Industrial Space For $9.50/ft
11 Westford Road
$9
$9/SF
Building Size
107,500 SF
Asset Type
Industrial
Closing
Oct 24, 2023
About this deal
AI
Ayer, MA - An industrial property located at 11 Westford Road in Ayer, MA is available for lease. The property, offered by The Lexvest Group, features a total square footage of 107,500 square feet. The asking rent for this NNN lease is $9.50 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Address: 11 Westford Road, Ayer, MA
- Market: Ayer, MA
- Landlord: The Lexvest Group
- Broker: Nate Nickerson - Fieldstone Commercial Properties, Inc.
- Asking Rent: $9.50 per square foot
- Lease Type: NNN Lease
Nate Nickerson of Fieldstone Commercial Properties, Inc. served as the broker for this lease transaction. The deal was facilitated between the landlord, The Lexvest Group, and the lessee.
On the Map
$9
$9/SF
Industrial
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Players
Market 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
1762555.56%
Cash-on-Cash
-503743.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93