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1 Cabot Rd, Hudson, MA, 01749

Creative Cabot LLC Purchases 1 Cabot Rd Hudson MA For $6.9M With R.W. Holmes Commercial Real Estate
SOLDOffice

Creative Cabot LLC Purchases 1 Cabot Rd Hudson MA For $6.9M With R.W. Holmes Commercial Real Estate

1 Cabot Rd, Hudson, MA, 01749

$6,900,000

$99/SF

Building Size

69,272 SF

Asset Type

Office

Closing

Nov 19, 2023

AI

1 Cabot Road is an office building located in Hudson, Massachusetts, offering a total square footage of 69,272. The property was sold for a transaction amount of $6,900,000.00 and is situated approximately 30 miles west of Boston. The building includes amenities such as a fitness center with showers, a lobby, and two retail stores.

Summary of transaction details:

The deal involved the buyer, Creative Cabot LLC, acquiring the property from the seller, K & L Realty. The transaction was facilitated by the seller's representatives, Craig Johnston, Garry Holmes, and Jim Bartholomew, all affiliated with R.W. Holmes Commercial Real Estate, emphasizing their role in brokering the deal.

Players

Craig Johnston

R.W. Holmes Commercial Real Estate

Broker

$15.7M

vol

3 deals

Broker

Hudson Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.30%

Cash-on-Cash

-0.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93