Updated Oct 29, 2024
WY TCG Properties LLC Acquires Industrial Property In Leominster, MA For $4.5M
154 Pioneer Drive, Leominster, Massachusetts 01453, United States
$4,500,000
$81,818/SF
Building Size
55 SF
Asset Type
Industrial
Closing
Jan 8, 2023
About this deal
AI
The industrial property located at 154 Pioneer Drive in Leominster, MA has been sold in a transaction that closed on 01/09/2023. The property spans 55,330 square feet and was sold for a price of $4,500,000, resulting in a price per square foot of $81. The buyer of the property is WY TCG Properties LLC, while the seller is Monson Companies, Inc.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,500,000
- Address: 154 Pioneer Drive, Leominster, MA
- Market: Leominster, MA
- Buyer: WY TCG Properties LLC
- Seller: Monson Companies, Inc
- Square Footage: 55,330
- Price Per Square Foot: $81
The sale of this industrial property was facilitated by the representation of WY TCG Properties LLC's broker, who acted on their behalf. Additional details about the transaction are not available.
Players
Leominster Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93