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Eliot Community Human Services Purchases Office Building In Saugus For $6.5M

Property Image
SOLD
$6,500,000
Charlie Jacob

Massachusetts

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Office54,000 SF
Sold 12/16/2025
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Property Image
SOLD

Eliot Community Human Services Purchases Office Building In Saugus For $6.5M

1715 Broadway

See Similar Deals
Office54,000 SF
Sold 12/16/2025
Charlie Jacob
Contact now

Summary

MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$120
Total Square Footage:54,000 SF
Transaction Type:Sale

The office building located at 1715 Broadway in Saugus, MA, was sold in a transaction amounting to $6,500,000. This property encompasses a total space of 54,000 square feet, translating to a price per square foot of $120.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: $6,500,000
  • Address: 1715 Broadway
  • Market: Saugus, MA
  • Square Footage: 54,000
  • Price Per Square Foot: $120
  • Buyer: Eliot Community Human Services
  • Broker Representatives: Bill Clark, Steve Nohrden & Charlie Jacob - Burgess Properties

This transaction was facilitated by Burgess Properties, with Bill Clark, Steve Nohrden, and Charlie Jacob acting as the broker representatives for the buyer, Eliot Community Human Services, in the acquisition of the office property.

Players

BC
1 deal$6.5M volume
BROKER


Charlie Jacob
Burgess Properties
5 deals$15.7M volume(339) 225-1958
BROKER

Burgess Properties
BROKERAGE

Details

SOLD
IMAGE: Bill Clark, Steve Nohrden & Charlie Jacob DATE: 12/16/2025 ADDRESS: 1715 Broadway MARKET: Saugus, MA ASSET TYPE: Office BUYER: Eliot Community Human Services BROKERS: Bill Clark, Steve Nohrden & Charlie Jacob - Burgess Properties (@BurgessProperties) SALE PRICE: $6,500,000 SF: 54,000 ~ PPSF: $120 NOTE: Eliot Community Human Services purchased the 54,000-square-foot office building at 1715 Broadway in Saugus, Mass., for $6.5M in a deal brokered by Burgess Properties.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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