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Horvath & Tremblay Sell Westford Crossing In Westford, MA For $3.875M

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SOLD
$3,875,000

Massachusetts

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Retail25,960 SF
Sold 12/08/2023
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SOLD

Horvath & Tremblay Sell Westford Crossing In Westford, MA For $3.875M

137 Littleton Road & 145 Littleton Road

See Similar Deals
Retail25,960 SF
Sold 12/08/2023
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Summary

MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$149
Total Square Footage:25,960 SF
Transaction Type:Sale

The $3.875 million sale of Westford Crossing in Westford, Mass., located at 137-145 Littleton Rd., has been successfully concluded by Bob Horvath, Todd Tremblay, and Brad Canova of Horvath & Tremblay. The retail property spans 8.77 acres and encompasses a total of 12,980 square feet. The sale price translates to a price per square foot of $299.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $3,875,000
  • Address: 137-145 Littleton Road, Westford, MA
  • Market: Westford, MA
  • Size: 8.77 acres
  • Square Footage: 12,980
  • Brokers: Brad Canova, Robert (Bob) Horvath & Todd Tremblay - Horvath & Tremblay

Bob Horvath, Todd Tremblay, and Brad Canova of Horvath & Tremblay successfully facilitated the sale of Westford Crossing. The property is situated at 137-145 Littleton Rd. in Westford, Mass.

Players

Robert (Bob) Horvath
113 deals$561.5M volume
BROKER

Todd Tremblay
Horvath & Tremblay
103 deals$515.2M volume
BROKER

Brad Canova
Horvath & Tremblay
4 deals$17.8M volume(781) 776-4017
BROKER

Details

SOLD
IMAGE: Robert Horvath, Brad Canova & Todd Tremblay DATE: 12/08/2023 ADDRESS: 137-145 Littleton Road MARKET: Westford, MA ASSET TYPE: Retail ~ ACRES: 8.77 BROKERS: Brad Canova, Robert (Bob) Horvath & Todd Tremblay - Horvath & Tremblay SALE PRICE: $3,875,000 SF: 12,980 ~ PPSF: $299 NOTE: Bob Horvath, Todd Tremblay, and Brad Canova of Horvath & Tremblay successfully concluded the $3.875 million sale of Westford Crossing in Westford, Mass., situated at 137-145 Littleton Rd.

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

$206,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,767.07
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,369.48
Annual Debt Service$220,433.72