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11 Westford Road

Lexvest Group's Nate Nickerson Leases Ayer, MA Industrial Space For $9.50/ft
LEASEDIndustrial

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

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:

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.

Players

Nate Nickerson

Fieldstone Commercial Properties

Broker

$27.9M

vol

13 deals

Broker

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