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41 Inner Belt Road

Hemisphere Development Group Leases 12000 SF Industrial Space At 41 Inner Belt Road Somerville MA
LEASEDIndustrial

Hemisphere Development Group Leases 12000 SF Industrial Space At 41 Inner Belt Road Somerville MA

41 Inner Belt Road

Building Size

12,000 SF

Asset Type

Industrial

Closing

Jan 28, 2026

AI

An industrial warehouse located at 41 Inner Belt Road in Somerville, MA encompasses a total of 12,000 square feet. The property is specifically designed to cater to industrial operations, making it an essential asset for its tenant. The lease agreement reflects the market dynamics of the local area, underscoring the importance of the asset within its sector.

Summary of transaction details:

The transaction involved multiple representatives, with The Stubblebine Company facilitating the lease on behalf of the landlord and The Mega Group representing the tenant. This collaboration between the two brokerage firms illustrates the engagement of established entities in successfully executing the lease agreement for the industrial space.

Players

David Stubblebine

The Stubblebine Company

Broker

$313.6M

vol

31 deals

Broker

Somerville 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