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1548-1558 Dorchester Ave, B...

Faith-Full-Fit, LLC Leases Office Space At 1548-1558 Dorchester Ave In Boston, MA
LEASEDOffice

Faith-Full-Fit, LLC Leases Office Space At 1548-1558 Dorchester Ave In Boston, MA

1548-1558 Dorchester Ave, Boston, Dorchester, Massachusetts, USA

Building Size

1,300 SF

Asset Type

Office

Closing

May 21, 2020

AI

An office property located at 1548-1558 Dorchester Ave in Boston, MA has been leased. The transaction closed on 05/21/2021.

Summary of transaction details

  • Property Type: Office
  • Tenant: Faith-Full-Fit, LLC
  • Landlord: 1548 Dorchester Avenue Realty Trust
  • Asking Rent: $23/ft.
  • Square Footage: 1,300

The leased property was brokered by Amilton Baptista from the Closing Table Group and Jeff Similien from Boston Trust Realty Group.

Players

Jeff Similien

DMG Brokerage

Broker

$8.2M

vol

11 deals

Broker

Boston Office Market Snapshot

Boundary boundary · Office · 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