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31 Tosca Drive, Stoughton, ...

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

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

31 Tosca Drive, Stoughton, MA, USA

$4,200,000

$53/SF

Building Size

78,000 SF

Asset Type

Industrial

Closing

Jul 16, 2020

AI

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

The Stubblebine Company

Broker

$313.6M

vol

31 deals

Broker

Stoughton 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

3.78%

Cash-on-Cash

-1.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93