Updated Dec 4, 2024
LEASEDMixed-use
Apex Properties Leases 6614 Sq Ft To Neo Virtus Engineering At 305 Foster Street Littleton MA
305 Foster Street
Building Size
6,614 SF
Asset Type
Mixed-use
Closing
Oct 25, 2024
About this deal
AI
A mixed-use property located at 305 Foster Street in Littleton, MA, was leased to Neo Virtus Engineering. The total area of the property is 6,614 square feet.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: Not specified
- Address: 305 Foster Street
- Market: Littleton, MA
- Landlord: Apex Properties
- Tenant: Neo Virtus Engineering
- Broker: Bradley Sampson - R.W. Holmes Commercial Real Estate
Bradley Sampson from R.W. Holmes Commercial Real Estate represented the tenant, Neo Virtus Engineering, during the leasing transaction at the specified address.
Littleton Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93