Robert Belisle Jr. Acquires Industrial Property In Woburn From John Joseph Canney Jr. For $4.15M
6 Draper Street
$4,150,000
$371/SF
Building Size
11,161 SF
Asset Type
Industrial
Closing
Sep 28, 2025
AI
The industrial asset located at 6 Draper Street in Woburn, MA was sold for $4,150,000. This property comprises 11,161 square feet, translating to a price per square foot of $371.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,150,000
- Buyer: Robert Belisle Jr.
- Seller: John Joseph Canney Jr.
- Brokers: David Stubblebine, Chloe Stubblebine, James Stubblebine, Micah Stubblebine & Chris Michniewicz - The Stubblebine Company
The transaction involved key individuals such as buyer Robert Belisle Jr. and seller John Joseph Canney Jr. The deal was facilitated by a team of brokers from The Stubblebine Company, highlighting the collaborative effort in this industrial property transaction.
Players
Woburn 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
3.82%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93