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Atlantic Capital Partners Brokers $10 Million Sale Of Retail Center In Westborough Massachusetts

Property Image
SOLD
$10,000,000
Chris Peterson
Justin Smith
+ 2

Massachusetts

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Retail35,371 SF
Sold 10/14/2025
the dealplayerscompscontact
Property Image
SOLD

Atlantic Capital Partners Brokers $10 Million Sale Of Retail Center In Westborough Massachusetts

1 Oak Street

See Similar Deals
Retail35,371 SF
Sold 10/14/2025
Chris Peterson
Justin Smith
+ 2
Contact now

Summary

MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$282
Total Square Footage:35,371 SF
Transaction Type:Sale

The property involved in the transaction is a retail center located at 1 Oak Street, Westborough, MA. The asset was sold for $10,000,000 and encompasses 35,371 square feet. It operates within a market characterized by a diverse retail environment and is anchored by notable tenants including Dollar Tree, Chipotle, and FedEx. The property spans 5 acres and was built in 1983.

Summary of transaction details:

Atlantic Capital Partners facilitated the transaction, leading the sale of the retail center. The brokerage team consists of five representatives who played crucial roles in the successful closing of this deal. Their combined efforts contributed to the seamless negotiation and transition of ownership for this established retail asset.

Players

Justin Smith
29 deals$541.7M volume
BROKER

Chris Peterson
Atlantic Retail
29 deals$462.7M volume
BROKER

Sam Koonce
Atlantic Retail
27 deals$447M volume
BROKER

Matt Ericson
Atlantic Retail
10 deals$152.7M volume(978) 494-2164
BROKER

Danielle Turpin
Atlantic Retail
13 deals$209.6M volume(201) 322-4718
BROKER

Atlantic Retail
BROKERAGE

Details

SOLD
IMAGE: Justin Smith, Chris Peterson, Sam Koonce (@Koonce1026), Danielle Turpin & Matt Ericson DATE: 10/14/2025 ADDRESS: 1 Oak Street MARKET: Westborough, MA ASSET TYPE: Retail BROKERS: Justin Smith, Chris Peterson, Sam Koonce, Danielle Turpin & Matt Ericson - Atlantic Retail (@Atlantic_Retail) SALE PRICE: $10,000,000 SF: 35,371 ~ PPSF: $283 NOTE: Atlantic Capital Partners brokered the $10 million sale of 9 West Plaza, a 35,371-square-foot retail center in Westborough, Massachusetts. The property, built in 1983 and anchored by tenants like Dollar Tree, Chipotle, and FedEx, spans 5 acres.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$533,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$35,527.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$47,405.10
Annual Debt Service$568,861.22