Updated Sep 24, 2025
Raj Walvekar Acquires Industrial Property At 400-450 Swenson Drive Kenilworth For $3.335M
400 Swenson Drive
$3,335,000
$195/SF
Building Size
17,040 SF
Asset Type
Industrial
Closing
Sep 9, 2025
About this deal
AI
The property asset involved in this transaction is located at 400-450 Swenson Drive in Kenilworth. This industrial asset consists of a total of 17,040 square feet and was sold for $3,335,000, translating to a price per square foot of $195.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,335,000
- Square Footage: 17,040
- Address: 400-450 Swenson Drive
- Market: Kenilworth
- Price per Square Foot: $195
The deal involved buyer Raj Walvekar, who acquired the property. The brokerage team consisting of Russell Verducci, Eric Demmers, and Colin Goldstein represented the transaction under NAI James E. Hanson.
On the Map
$3,335,000
$195/SF
Industrial
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Players
Kenilworth 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
4.76%
Cash-on-Cash
-1.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93