Updated Oct 29, 2024
Thermo Fisher Scientific Acquires Office Property In Chelmsford, MA For $11.68M
220 Mill Rd, Chelmsford, MA 01824, Estados Unidos
$1,680,000
$1/SF
Building Size
1,130,000 SF
Asset Type
Office
Closing
Sep 19, 1920
About this deal
AI
The office property located at 220 Mill Road in Chelmsford, MA was recently sold for a price of $11,680,000. The property spans 113,000 square feet, resulting in a price per square foot of $103.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $11,680,000
The seller of the property was Spaulding & Slye Investments, while the buyer was Thermo Fisher Scientific represented by Marc N. Casper.
The office sale at 220 Mill Rd, Chelmsford, MA 01824, Estados Unidos in Chelmsford, Massachusetts sold for $1.7M. The building is 1,130,000 square feet, implying about 1 per square foot on the published price. This page is the Chelmsford, Massachusetts file for the 220 Mill Rd, Chelmsford, MA 01824, Estados Unidos office sold: pricing, party profiles, and other closed office comps from the same Chelmsford sit in the Market section below. Published consideration for 220 Mill Rd, Chelmsford, MA 01824, Estados Unidos is $1.7M. Cite this Thermo Fisher Scientific Acquires Office Property In Chelmsford, MA For $11.68M sale when underwriting similar office product around Chelmsford, Massachusetts.
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Chelmsford Office Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.44%
Cash-on-Cash
-2.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93