KARL STORZ Endoscopy America, Inc. Leases Industrial Space At 28 Millbury Street In Worcester, MA
28 Millbury St, Auburn, MA 01501
$7
$7/SF
Building Size
225,629 SF
Asset Type
Industrial
Closing
Sep 1, 2023
AI
The industrial property located at 28 Millbury Street in Worcester, MA has been leased to KARL STORZ Endoscopy America, Inc. The landlord in this transaction is Rabina, and the landlord's representatives are Jim Umphrey and Tom Bodden from Kelleher & Sadowsky Associates. The lease agreement for this property was signed on 09/01/2023.
Summary of transaction details
- Property Type: Industrial
- Address: 28 Millbury Street, Worcester, MA
- Market: Worcester, MA
- Tenant: KARL STORZ Endoscopy America, Inc.
- Landlord: Rabina
- Landlord's Representatives: Jim Umphrey & Tom Bodden - Kelleher & Sadowsky Associates
The asking rent for this property is $7 per square foot, with a total square footage of 225,629 square feet.
NOTE: No additional details were provided regarding the terms of the lease or any other specific information about the transaction.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
2266142.86%
Cash-on-Cash
-647670.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93