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F&M Tool & Die Leases 23,900 SF Industrial Space In Lancaster, MA With Broker R.W. Holmes
LEASED
$12
Massachusetts
See Similar DealsIndustrial23,900 SF
Leased 07/07/2023
LEASED
F&M Tool & Die Leases 23,900 SF Industrial Space In Lancaster, MA With Broker R.W. Holmes
851 Sterling Rd Lancaster, MA 01523, USA
See Similar DealsIndustrial23,900 SF
Leased 07/07/2023
Summary
MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$12
Total Square Footage:23,900 SF
Transaction Type:Lease
F&M Tool and Die, a machine shop specializing in mold making and maintenance, has secured a 23,390 square feet lease at 851 Sterling Rd in Lancaster, MA. The industrial property has an asking rent of $12.50 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not mentioned
- Address: 851 Sterling Road, Lancaster, MA
- Market: Lancaster, MA
R.W. Holmes, a real estate firm, facilitated the lease deal for F&M Tool and Die. Jim Bartholomew from R.W. Holmes represented F&M Tool and Die in this transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$328,784.06
Total Lease Value
$3,287,840.59
Net Landlord Cash Flow$328,784.06
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