28 Hastings St

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28 Hastings St

Mendon, MA 01756
Asking Price
$8.50M
Cap Rate
8.88%
Asset Type
Warehouse Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Industrial warehouse property spanning 72,136 total square feet
  • Asset listed for sale at 8,500,000 dollars
  • Current capitalization rate for this industrial asset is 8.88%
  • Located in the town of Mendon, Massachusetts
  • Suitable for distribution, warehousing, or light manufacturing operations

What's Special

Logistics operations and distribution companies will find this 72,136 square foot warehouse at 28 Hastings St in Mendon, Massachusetts, well-suited for regional supply chain needs. The asset provides a substantial industrial footprint within a stable suburban market, benefiting from regional connectivity throughout the MetroWest area. Proximity to major transportation corridors allows for efficient movement of goods and accessibility for commercial transport fleets. Investors seeking a stabilized income stream will note the 8.88% capitalization rate attached to this asset. Given the configuration and regional demand for industrial space, the property functions effectively as a base for storage, light manufacturing, or last-mile distribution activities. The site offers the necessary infrastructure for tenants or owner-users requiring clear spans and operational space within this growth-oriented submarket of Massachusetts.

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NOI
$80,000
Cap Rate
0.94%
DSCR
0.16
Underwater
Cash-on-Cash
-16.65%
Monthly Payment
$42,053.362
Annual Cash Flow
$-424,640.347

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