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Tosca Drive LLC Acquires 78,000 SF Industrial Property In Stoughton, MA For $4.2M

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SOLD
$4,200,000

Massachusetts

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Industrial78,000 SF
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SOLD

Tosca Drive LLC Acquires 78,000 SF Industrial Property In Stoughton, MA For $4.2M

31 Tosca Drive, Stoughton, MA, USA

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Industrial78,000 SF
Sold
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Summary

MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$53
Total Square Footage:78000 SF
Transaction Type:Sale

Located in Stoughton, MA, the industrial property at 31, 117, and 131 Tosca Drive has recently been sold for a price of $4,200,000. The property spans an impressive 78,000 square feet, resulting in a price per square foot of $538. The sale took place on July 17, 2020.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,200,000
  • Square Footage: 78,000 sqft
  • Address: 31, 117 & 131 Tosca Drive, Stoughton, MA
  • Market: Stoughton, MA

Tosca Drive LLC, represented by Hadrien Salin, acted as the buyer in this transaction. The buyer was assisted by David Stubblebine, James Stubblebine, and David Skinner from Stubblebine Company. On the other hand, Mark Donahue from Donahue Associates served as the seller's representative.

With its significant square footage and prime location in Stoughton, this industrial property proved to be an attractive investment opportunity.

Players

David Stubblebine
34 deals$313.6M volume
BROKER

James Stubblebine
The Stubblebine Company
41 deals$246.4M volume
BROKER

David Skinner
Prescott Advisory
10 deals$91M volume
BROKER

Details

SOLD
IMAGE: David Stubblebine DATE: 07/17/2020 ADDRESS: 31, 117 & 131 Tosca Drive MARKET: Stoughton, MA ASSET TYPE: Industrial BUYER: Tosca Drive LLC - Hadrien Salin BUYER’S REP: David Stubblebine, James Stubblebine & David Skinner - Stubblebine Company SELLER’S REP: Mark Donahue - Donahue Associates SALE PRICE: $4,200,000 SF: 78,000 ~ PPSF: $538

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$223,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,921.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,910.14
Annual Debt Service$238,921.71