facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Office

/

Lease

/

40 Shattuck Road

Focus Partners Wealth Signs 7,870 Square Foot Lease At 40 Shattuck Road In Andover, MA
LEASEDOffice

Focus Partners Wealth Signs 7,870 Square Foot Lease At 40 Shattuck Road In Andover, MA

40 Shattuck Road

Building Size

7,870 SF

Asset Type

Office

Closing

Apr 17, 2026

AI

The property involved in the transaction is an office space located at 40 Shattuck Road in Andover, Massachusetts, with a total square footage of 7,870. This asset is situated in a market that supports commercial real estate transactions.

Summary of transaction details:

Focus Partners Wealth has expanded its Northeast footprint by signing a lease at this location, contributing to its overall portfolio of approximately 140 locations across the United States. The lease was facilitated by the brokerage firms representing the parties in the transaction.

Players

Mike Truesdale

Cummings Properties

Broker

2 deals

Broker
FW
Focus Partners WealthTenant

Andover 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