facebook
Traded Co logo
Submit

Atlantic Capital Partners Acquires Office Building In Tewksbury, MA For $2.13M

Property Image
SOLD
$2,130,000
Sam Koonce
Patrick Wagor
+ 4

Massachusetts

See Similar Deals
Office3,134 SF
Sold 12/10/2021
the dealplayerscompscontact
Property Image
SOLD

Atlantic Capital Partners Acquires Office Building In Tewksbury, MA For $2.13M

295 Main Street, Tewksbury, Massachusetts 01876, United States

See Similar Deals
Office3,134 SF
Sold 12/10/2021
Sam Koonce
Patrick Wagor
+ 4
Contact now

Summary

MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$679
Total Square Footage:3,134 SF
Transaction Type:Sale

The sale of an office asset located at 295 Main St in Tewksbury, MA has been completed. The transaction was facilitated by Justin Smith, Chris Peterson, Sam Koonce, Molly Lynch, David Hoppe, Patrick Wagor, and Sam Young from Atlantic Capital Partners. The property was sold for a price of $2,130,000, with a total area of 3,134 square feet. The sale price per square foot was $680.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $2,130,000
  • Address: 295 Main St, Tewksbury, MA
  • Market: Tewksbury, MA

The team at Atlantic Capital Partners, represented by Justin Smith, Chris Peterson, Sam Koonce, Molly Lynch, David Hoppe, Patrick Wagor, and Sam Young, successfully closed the sale of this office property. Their expertise and efforts contributed to the smooth completion of the transaction.

Players

Justin Smith
29 deals$541.7M volume
BROKER

Chris Peterson
Atlantic Retail
29 deals$469M volume
BROKER

Sam Koonce
Atlantic Retail
27 deals$447M volume
BROKER

Molly Lynch
Atlantic Retail
6 deals$94.9M volume
BROKER

David Hoppe
Atlantic Retail
3 deals$12.9M volume
BROKER

Patrick Wagor
Atlantic Retail
6 deals$48.6M volume(561) 427-6151
BROKER

Sam Young
Atlantic Retail
3 deals$20.9M volume
BROKER

Details

SOLD
IMAGE: Justin Smith, Sam Koonce, Chris Peterson, Molly Lynch, David Hoppe, Patrick Wagor & Sam Young DATE: 12/10/2021 ADDRESS: 295 Main St MARKET: Tewksbury, MA ASSET TYPE: Office BROKERS: Justin Smith, Chris Peterson, Sam Koonce, Molly Lynch, David Hoppe, Patrick Wagor & Sam Young - Atlantic Capital Partners SALE PRICE: $2,130,000 SF: 3,134 ~ PPSF: $680

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$113,599.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,567.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,097.29
Annual Debt Service$121,167.44