Sal Couto Purchases Industrial Property At 93 Mystic Avenue Medford For $5 Million With Brokers Mattias Edenkrans & Luigi Lessa
93 Mystic Avenue
$5,000,000
$259/SF
Building Size
19,278 SF
Asset Type
Industrial
Closing
Jul 10, 2026
AI
The industrial asset located at 93 Mystic Avenue in Medford, MA has a sale price of $5,000,000. The property encompasses 19,278 square feet, resulting in a price per square foot of $259.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,000,000
- Address: 93 Mystic Avenue
- Market: Medford, MA
- Square Footage: 19,278
- Price per Square Foot: $259
- Buyer: Sal Couto
- Seller: Tom Leone
- Brokers: Mattias Edenkrans & Luigi Lessa - Marcus & Millichap New England
Sal Couto acted as the buyer in this transaction, while Tom Leone served as the seller. The deal was facilitated by brokers Mattias Edenkrans and Luigi Lessa, both representing Marcus & Millichap New England.
Players
Medford 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93