facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Industrial

/

Sale

/

11 Jytek Road, Leominster, ...

Marcus & Millichap Brokers Facilitate $1.56M Sale Of Industrial Property In Leominster, MA
SOLDIndustrial

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

Harrison Klein

Marcus & Millichap

Broker

$177.2M

vol

47 deals

Broker

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