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Crossroads Community Church Leases 100,000 SF Mixed-Use Space At 60 Codman Hill Road

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LEASED

Massachusetts

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Mixed-use100,000 SF
Leased
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Property Image
LEASED

Crossroads Community Church Leases 100,000 SF Mixed-Use Space At 60 Codman Hill Road

60 Codman Hill Road

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Mixed-use100,000 SF
Leased
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Summary

MASSACHUSETTS
Asset Type:Mixed-use
Price Per Square Foot:$0
Total Square Footage:100000 SF
Transaction Type:Lease

The property asset involved in this transaction is a mixed-use facility located at 60 Codman Hill Road, Boxborough, MA, with a total square footage of 100,000. The property is now leased to Crossroads Community Church, which will benefit from improved regional access along I-495.

Summary of transaction details:

The deal features involvement from Concord Property Management as the landlord and Crossroads Community Church as the tenant. Brokers David Skinner from Prescott Advisory and Nate Nickerson from Fieldstone Commercial Properties facilitated this transaction, ensuring both parties' interests were represented effectively.

Players

David Skinner
10 deals$91M volume
BROKER

Nate Nickerson
Fieldstone Commercial Properties
13 deals$27.9M volume
BROKER

Details

LEASED
IMAGE: David Skinner & Nate Nickerson DATE: 12/06/2024 ADDRESS: 60 Codman Hill Road MARKET: Boxborough, MA ASSET TYPE: Mixed-use ~ SF: 100,000 LANDLORD: Concord Property Management TENANT: Crossroads Community Church BROKERS: David Skinner - Prescott Advisory (@Prescott_CRE) & Nate Nickerson (@Nate_Nickerson_) - Fieldstone Commercial Properties NOTE: Crossroads Community Church has leased 100,000 s/f of flex space at 60 Codman Hill Rd., expanding its MetroWest congregation with improved regional access along I-495.

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Deal Type
Effective Rent (Annual)

$5,731,939.66

Total Lease Value

$57,319,396.56

Net Landlord Cash Flow$5,731,939.66