Updated Dec 20, 2023
The Stubblebine Company Acquires Industrial Property On 241 Willard St In Leominster For $7.2M
241 Willard Street, Leominster, Massachusetts 01453, United States
$7,200,000
$107/SF
Building Size
67,200 SF
Asset Type
Industrial
Closing
Sep 15, 2022
About this deal
AI
A 3.62-acre industrial property located at 241 Willard St in Leominster, MA, has been sold for $7,200,000. The property spans approximately 67,200 square feet, resulting in a price per square foot of $107.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $7,200,000
- Address: 241 Willard St
- Market: Leominster, MA
- Acres: 3.62
The sale of this industrial property was facilitated by David Stubblebine and James Stubblebine of The Stubblebine Company.
The industrial sale at 241 Willard Street, Leominster, Massachusetts 01453, United States in Leominster, Massachusetts sold for $7.2M in 2022. The building is 67,200 square feet, implying about 107 per square foot on the published price. James Stubblebine, David Stubblebine, The Stubblebine Company appear on the sale alongside The Stubblebine Company. This page is the Leominster, Massachusetts file for the 241 Willard Street, Leominster, Massachusetts 01453, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Leominster sit in the Market section below. Filter that Leominster industrial set by closing date to see what else sold near 241 Willard Street, Leominster, Massachusetts 01453, United States around 2022. Published consideration for 241 Willard Street, Leominster, Massachusetts 01453, United States is $7.2M, dated 2022. Cite this The Stubblebine Company Acquires Industrial Property On 241 Willard St In Leominster For $7.2M sale when underwriting similar industrial product around Leominster, Massachusetts.
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
2.20%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93