Updated Oct 28, 2024
LexVest Group Acquires Retail Property In Ayer, MA For $7.9M
11 Westford Road, Ayer, Massachusetts 01432, United States
$7,900,000
$79/SF
Building Size
100,000 SF
Asset Type
Retail
Closing
Jul 21, 2022
About this deal
AI
The retail property located at 11 Westford Rd in Ayer, MA has been sold for a transaction amount of $7,900,000. The property spans across an area of 100,000 square feet, resulting in a price per square foot of $79.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $7,900,000
- Address: 11 Westford Rd, Ayer, MA
- Market: Ayer, MA
The buyer of the property is LexVest Group. The transaction was facilitated by Nate Nickerson from Fieldstone Commercial Properties Inc, who represented the buyer in the deal.
On the Map
$7,900,000
$79/SF
Retail
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Ayer 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
2.01%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93