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326 Commercial Street

SRS Distribution Renews 26476 Sqft Lease At 326 Commercial Street In Malden MA
LEASEDIndustrial

SRS Distribution Renews 26476 Sqft Lease At 326 Commercial Street In Malden MA

326 Commercial Street

Building Size

26,476 SF

Asset Type

Industrial

Closing

Jun 27, 2025

AI

The asset at 326 Commercial Street in Malden, MA is an industrial property consisting of 26,476 square feet. This lease transaction involved SRS Distribution, a wholesale roofing distributor, which has renewed its lease. The property is located within a strong market presence in the Northeast and Greater Boston area.

Summary of transaction details:

The lease renewal showcases the commitment of SRS Distribution to the region, while the in-house management team of Combined Properties has effectively met the tenant's needs throughout the lease term. This transaction reflects the operational strengths and the management capabilities of Combined Properties.

Players

Joseph Fabiano

JLL

Broker

$16.4M

vol

5 deals

Broker
JLL
JLLBrokerage
John Pereira

John Pereira

Combined Properties

Landlord

2 deals

Landlord

Malden 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