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.
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