Azad Legacy Partners Acquires Industrial Property In Waltham, MA For $14.03M
SOLD
$14,025,000
Massachusetts
See Similar DealsIndustrial46,871 SF
Sold 08/06/2020
SOLD
Azad Legacy Partners Acquires Industrial Property In Waltham, MA For $14.03M
190 Fountain St, Waltham, Massachusetts, USA
See Similar DealsIndustrial46,871 SF
Sold 08/06/2020
Summary
MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$299
Total Square Footage:46,871 SF
Transaction Type:Sale
The industrial property located at 190 Fountain St & 300 Second Ave in Waltham, MA has been sold. The transaction took place on August 6, 2021. The property has a total area of 46,871 square feet. The sale price for the property was $14,025,000, resulting in a price per square foot of $299.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $14,025,000
Rincon Companies was the seller of the property, while Azad Legacy Partners, LLC acted as the buyer. The seller was represented by Leigh Freudenheim and Tyler Ewing from Freudenheim Partners. Anthony Biette from Peak Real Estate Advisors served as the buyer's representative in the deal.
Players
SELLER
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)
$748,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$49,827.86
Cash-on-Cash Return-1.27%
Monthly Debt Service$66,485.66
Annual Debt Service$797,827.86
Is there something missing? Send suggestions