ROI Solutions Renews Lease At 200 Rivers Edge Drive Medford MA For 6000 Square Feet Office
200 Rivers Edge Drive
Building Size
6,000 SF
Asset Type
Office
Closing
Dec 11, 2024
AI
The property asset involved in this transaction is a 6,000 square foot office space located at 200 Rivers Edge Drive in Medford, MA. This asset is under the management of Preotle Lane & Associates.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 200 Rivers Edge Drive
- Market: Medford, MA
- Landlord: Matt Preotle - Preotle Lane & Associates
- Tenant: ROI Solutions
- Broker: Ellen Fantini Cullinan - Freudenheim Partners
Ellen Fantini Cullinan from Freudenheim Partners facilitated the lease renewal for ROI Solutions at the specified location. This transaction highlights the ongoing relationship between the landlord and tenant in the office market of Medford, MA.
Medford Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93