Marcus & Millichap Brokers Facilitate $1.56M Sale Of Industrial Property In Leominster, MA
11 Jytek Road, Leominster, MA 01453
$1,559,000
$73/SF
Building Size
21,200 SF
Asset Type
Industrial
Closing
Dec 7, 2021
AI
An industrial property located at 11 Jytek Rd in Leominster, MA has been sold for a price of $1,559,000. The property spans a total area of 21,200 square feet, resulting in a price per square foot of $73.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,559,000
- Address: 11 Jytek Rd, Leominster, MA
- Market: Leominster, MA
The sale of this industrial property was facilitated by Harrison Klein and Mark Lyman of Marcus & Millichap. They represented the parties involved in the transaction.
Players
Leominster Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.18%
Cash-on-Cash
-2.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93