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61 Parkhurst Road

Surinder Bhardwaj Acquires Commercial Property In Chelmsford For $1.85M From Lam Cheung
SOLDCommercial

Surinder Bhardwaj Acquires Commercial Property In Chelmsford For $1.85M From Lam Cheung

61 Parkhurst Road

$1,850,000

$160/SF

Building Size

11,495 SF

Asset Type

Commercial

Closing

Jul 13, 2026

AI

The property involved in the transaction is a commercial asset located at 61 Parkhurst Road, Chelmsford, MA. The sale price was $1,850,000, with a total square footage of 11,495, resulting in a price per square foot of $160.

Summary of transaction details:

Surinder Bhardwaj was the buyer in this transaction, while Lam Cheung acted as the seller. The brokers facilitating the deal were Luigi Lessa, Mattias Edenkrans, and Henry McKenney, all affiliated with Marcus & Millichap.

Players

Luigi Lessa

Marcus & Millichap

Broker

$98.3M

vol

28 deals

Broker

Chelmsford Commercial Market Snapshot

Boundary boundary · Commercial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.57%

Cash-on-Cash

-2.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93