facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Office

/

Lease

/

238 Littleton Road

Rob McGarry Of O'Brien Commercial Properties Leases 2500 Square Feet Office Space In Westford
LEASEDOffice

Rob McGarry Of O'Brien Commercial Properties Leases 2500 Square Feet Office Space In Westford

238 Littleton Road

Building Size

2,500 SF

Asset Type

Office

Closing

Sep 6, 2024

AI

The property asset involved in the transaction is an office space located at 238 Littleton Road, Westford, MA. The total square footage of the space is 2,500. This lease transaction signifies a commitment to utilizing this office area in the local market.

Summary of transaction details:

Rob McGarry of O’Brien Commercial Properties facilitated the lease of the office space while Brandon Meek, also of O’Brien Commercial Properties, represented the tenant in the transaction. This collaboration highlights the involvement of both brokers from the same agency in securing this deal.

Players

Rob McGarry

O'Brien Commercial Properties

Broker

$10.5M

vol

3 deals

Broker

Westford Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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