Updated Dec 4, 2024
Yankee Candle Co. Signs 10-Year Lease For Industrial Facility At 142 Elm St. In Hatfield, MA
142 Elm Street
Building Size
366,500 SF
Asset Type
Industrial
Closing
Jan 10, 2024
About this deal
AI
An industrial property located at 142 Elm Street in Hatfield, Massachusetts has been leased in a deal that spans 10 years. The property encompasses a total of 366,500 square feet.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: N/A
- Market: Hatfield, MA
- Address: 142 Elm Street
- Landlord: Jason Ward - FoxRock Properties
- Tenant: Yankee Candle Co - Hope Margala
- Lease Term: 10-year lease
Yankee Candle Co. has signed a 10-year lease agreement to occupy the entire 366,500-square-foot industrial facility located at 142 Elm Street in Hatfield, Massachusetts.
On the Map
Industrial
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Players
Hatfield 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93