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Atlantic Capital Partners Brokers $9M Sale Of Commercial Asset At 73 Mazzeo Drive In Randolph MA

Property Image
SOLD
$9,000,000
Peter Considine
Justin Smith
+ 2

Massachusetts

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Commercial112,265 SF
Sold 04/01/2026
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Property Image
SOLD

Atlantic Capital Partners Brokers $9M Sale Of Commercial Asset At 73 Mazzeo Drive In Randolph MA

73 Mazzeo Drive

See Similar Deals
Commercial112,265 SF
Sold 04/01/2026
Peter Considine
Justin Smith
+ 2
Contact now

Summary

MASSACHUSETTS
Asset Type:Commercial
Price Per Square Foot:$80
Total Square Footage:112,265 SF
Transaction Type:Sale

The property involved in this transaction is a former Showcase Cinema located at 73 Mazzeo Drive in Randolph, MA. The asset encompasses a total area of 112,265 square feet and was sold for $9,000,000, which translates to a price per square foot of $80. This commercially zoned property is situated in a high-visibility location, approximately 15 miles south of Boston and possesses strong redevelopment potential.

Summary of transaction details:

The transaction was brokered by Atlantic Capital Partners, which successfully facilitated the sale of the property. Key individuals involved in the process include Justin Smith, David Smookler, Peter Considine, Danielle Turpin, and Matt Austin, all of whom represent Atlantic Retail and played a significant role in finalizing this deal.

Players

Justin Smith
29 deals$541.7M volume
BROKER

Peter Considine
Atlantic Retail
4 deals$191.2M volume
BROKER

David Smookler
Atlantic Retail
3 deals$162.4M volume
BROKER

Matt Austin
Atlantic Retail
2 deals$17.2M volume
BROKER

Danielle Turpin
Atlantic Retail
13 deals$209.6M volume(201) 322-4718
BROKER

Details

SOLD
IMAGE: Justin Smith, David Smookler, Peter Considine, Danielle Turpin & Matt Austin DATE: 04/01/2026 ADDRESS: 73 Mazzeo Drive MARKET: Randolph, MA ASSET TYPE: Commercial BROKERS: Justin Smith, David Smookler, Peter Considine, Danielle Turpin & Matt Austin - Atlantic Retail (@Atlantic_Retail) SALE PRICE: $9,000,000 SF: 112,265 ~ PPSF: $80 NOTE: Atlantic Capital Partners brokered the $9M sale of the 112,265-square-foot former Showcase Cinema at 73 Mazzeo Drive in Randolph, a high-visibility site 15 miles south of Boston with strong redevelopment potential.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$480,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$31,975.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$42,664.59
Annual Debt Service$511,975.10