Atlantic Capital Partners Brokers $10 Million Sale Of Retail Center In Westborough Massachusetts
1 Oak Street
$10,000,000
$282/SF
Building Size
35,371 SF
Asset Type
Retail
Closing
Oct 14, 2025
AI
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:
- Property Type: Retail
- Transaction Amount: $10,000,000
- Square Footage: 35,371
- Address: 1 Oak Street
- Market: Westborough, MA
- Price Per Square Foot: $283
- Brokers: Justin Smith, Chris Peterson, Sam Koonce, Danielle Turpin & Matt Ericson - Atlantic Retail
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
Westborough Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93