property record · Industrial
197-201 Merrimack Street
Commercial property in Lawrence, Essex County, Massachusetts. Income, occupancy and loan, each figure linked to the filing it comes from.
Operating income
As reported to the trustee. DSCR below 1.0 means the property does not cover its debt service.
| As of | NOI | Revenue | Expenses | DSCR | Source |
|---|---|---|---|---|---|
| 2025-12-31 | 3,289,528 | 4,163,348 | 873,820 | 1.59 | evidence → |
| 2025-09-30 | 2,785,134 | 3,110,631 | 325,497 | 1.79 | evidence → |
| 2025-06-30 | 1,872,700 | 2,169,592 | 296,892 | 1.64 | evidence → |
| 2024-12-31 | 1,770,307 | 2,410,356 | 640,049 | 0.86 | evidence → |
Property record
| Field | Value | Source |
|---|---|---|
| collateral of | {"trust_cik": "0002034721", "entity_ref": "475949c4-174f-49c6-9595-eb997f5f23ea", "originator": "SMC", "trust_ | evidence → |
| address | {"zip": "1843", "city": "Lawrence", "state": "MA", "county": "ESSEX", "address": "197-201 Merrimack Street"} | evidence → |
| occupancy | {"basis": "most_recent", "value": 0} | evidence → |
| sqft | {"basis": "most_recent", "value": 182304} | evidence → |
| status | {"label": "Same as at Securitization", "value": "6", "defeased_label": "No Defeasance Occurred", "defeased_sta | evidence → |
| type | {"label": "Industrial", "value": "IN"} | evidence → |
| units | {"basis": "most_recent", "value": 0} | evidence → |
| valuation | {"basis": "securitization", "amount": 53900000, "currency": "USD"} | evidence → |
| year built | {"value": 1955, "renovated": 2023} | evidence → |