John McKenna Acquires Industrial Property In Leominster, MA For $1.46M
SOLD
$1,465,000
+ 2
Massachusetts
See Similar DealsIndustrial4,500 SF
Sold 11/17/2022
SOLD
John McKenna Acquires Industrial Property In Leominster, MA For $1.46M
1775 Lock Dr,Leominster, MA
See Similar DealsIndustrial4,500 SF
Sold 11/17/2022
+ 2
Summary
MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$325
Total Square Footage:4,500 SF
Transaction Type:Sale
A 4,500 square foot industrial property located at 1775 Lock Dr in Leominster, MA has been sold for $1,465,000. The property was sold in a closed transaction.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,465,000
- Square Footage: 4,500
- Price per Square Foot: $326
- Address: 1775 Lock Dr, Leominster, MA
- Market: Leominster, MA
The buyer in this transaction was John McKenna, and the seller was John Glowik. The transaction was facilitated by Alexander Machado, Daniel Gonzalez, Rob Goldberg, and Ben Snyder from Matthews Real Estate Investment Services.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$78,133.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,204.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,944.85
Annual Debt Service$83,338.17
Is there something missing? Send suggestions