Updated Oct 28, 2024
Celera Properties Acquires 120,000 SF Office Building In Andover, MA
600 Federal Street, Andover, Massachusetts 01810, United States
Building Size
120,000 SF
Asset Type
Office
Closing
Mar 22, 2022
About this deal
Traded’s record for 600 Federal Street, Andover, Massachusetts 01810, United States in Andover, Massachusetts covers a office sale from 2022. The building is 120,000 square feet, implying about 0 per square foot on the published price. This page is the Andover, Massachusetts file for the 600 Federal Street, Andover, Massachusetts 01810, United States office sold: pricing, party profiles, and other closed office comps from the same Andover sit in the Market section below. Filter that Andover office set by closing date to see what else sold near 600 Federal Street, Andover, Massachusetts 01810, United States around 2022. Cite this Celera Properties Acquires 120,000 SF Office Building In Andover, MA sale when underwriting similar office product around Andover, Massachusetts.
Players
Andover Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93