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Matthews Real Estate Investment Services Sells Industrial Property In Fostoria, Ohio For $14.5M

Property Image
SOLD
$14,500,000

Ohio

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Industrial488,000 SF
Sold 01/27/2022
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Property Image
SOLD

Matthews Real Estate Investment Services Sells Industrial Property In Fostoria, Ohio For $14.5M

110 East Jones Road, Fostoria, Ohio 44830, United States

See Similar Deals
Industrial488,000 SF
Sold 01/27/2022
the dealplayerscompscontact
Contact now

Summary

OHIO
Asset Type:Industrial
Price Per Square Foot:$29
Total Square Footage:488,000 SF
Transaction Type:Sale

An industrial property located at 110 E. Jones Road in Fostoria, Ohio has been sold for a total price of $14,500,000. The property spans a total of 488,000 square feet, resulting in a price per square foot of $30. The sale took place on January 27, 2022. Alexander Harrold of Matthews Real Estate Investment Services represented the seller in this transaction.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $14,500,000
  • Square Footage: 488,000
  • Price Per Square Foot: $30
  • Address: 110 E. Jones Road, Fostoria, Ohio
  • Market: Fostoria, Ohio

Alexander Harrold, from Matthews Real Estate Investment Services, played a crucial role in representing the seller in this industrial property transaction in Fostoria, Ohio.

Players

Alexander Harrold
Matthews
Alexander Harrold
9 deals$93.7M volume
BROKER

Details

SOLD
IMAGE: Alexander Harrold DATE: 01/27/2022 ADDRESS: 110 E. Jones Road MARKET: Fostoria, Ohio ASSET TYPE: Industrial BROKER: Alexander Harrold - Matthews Real Estate Investment Services SALE PRICE: $14,500,000 SF: 488,000 ~ PPSF: $30

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$51,515.45
Cash-on-Cash Return-1.27%
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