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41-55 North Road, Bedford, ...

Updated Oct 28, 2024

Boston Common, LLC Acquires Medical Office In Bedford, MA For $5.75M
SOLDOffice

Boston Common, LLC Acquires Medical Office In Bedford, MA For $5.75M

41-55 North Road, Bedford, Massachusetts, USA

$5,750,000

$1,642/SF

Building Size

3,501 SF

Asset Type

Office

Closing

Sep 13, 2021

About this deal

AI

The medical office located at 41-55 North Road in Bedford, MA has been sold for a transaction price of $5,750,000. The property, which was part of a recent sale, was acquired by Boston Common, LLC from the seller, Oxford Entities. The sale was facilitated by Jeremy Cyrier from MANSARD, who represented the parties involved in the transaction.

Summary of transaction details

  • Property Type: Medical Office
  • Transaction Amount: $5,750,000

Boston Common, LLC, the buyer in this transaction, successfully acquired the medical office located at 41-55 North Road in Bedford, MA. The seller, Oxford Entities, agreed to sell the property at a price of $5,750,000. Jeremy Cyrier from MANSARD acted as the broker and represented both the buyer and seller in this deal.

On the Map

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$5,750,000

$1,642/SF

Office

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Players

Jeremy Cyrier

Broker

$45.6M

vol

12 deals

Broker

Bedford Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $1.6K per square foot on a published $5.8M for 3,501 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.76%

Cash-on-Cash

-0.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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