LEASEDIndustrial
Pickle Jar Acquires Industrial Space In Hillsborough On Long-Term Lease
315 Roycefield Road
Building Size
20,000 SF
Asset Type
Industrial
Closing
Feb 16, 2024
AI
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Tenant: Pickle Jar
- Broker: Jason Zimmel - Zimmel Associates
- Lease Term: 10-year
Players
Hillsborough Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
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