La Belle Maison LLC Acquires Industrial Property In Chelmsford Massachusetts For $3.1 Million
200 Turnpike Road
$3,100,000
$71/SF
Building Size
43,520 SF
Asset Type
Industrial
Closing
Jul 24, 2026
AI
200 Turnpike Road is an industrial property located in Chelmsford, Massachusetts, featuring an asset size of 43,520 square feet. The property was sold for a price of $3,100,000, resulting in a price per square foot of $71.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,100,000
- Buyer: La Belle Maison LLC
- Seller: Taeiss Mojazza
- Broker: James Keogh - 128 CRE
- Market: Chelmsford, MA
- Sale Date: 07/24/2026
- Square Footage: 43,520
- Price per Square Foot: $71
James Keogh of 128 CRE exclusively represented the seller and successfully procured the buyer in this transaction. The sale demonstrates the ongoing demand for industrial and flex properties along the Route 3 corridor.
Players
Chelmsford Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93