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293 Boston Road

James Kalogeropoulos Of Re/Max Represents Sale Of Retail Asset For $1.8M In North Billerica
SOLDRetail

James Kalogeropoulos Of Re/Max Represents Sale Of Retail Asset For $1.8M In North Billerica

293 Boston Road

$1,800,000

$225/SF

Building Size

8,000 SF

Asset Type

Retail

Closing

Mar 6, 2025

AI

The property involved in the transaction is located at 293 Boston Road, North Billerica, MA. It is a retail asset with a sale price of $1,800,000. The total square footage of the property is 8,000, resulting in a price per square foot of $225.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,800,000
  • Address: 293 Boston Road
  • Market: North Billerica, MA
  • Square Footage: 8,000
  • Price per Square Foot: $225

The broker representing the seller in this transaction is James Kalogeropoulos from Re/Max, highlighting the involvement of a recognized agency in facilitating the deal.

Players

James Kalogeropoulos

Re/Max

Broker

$22.1M

vol

6 deals

Broker

North Billerica Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.81%

Cash-on-Cash

-2.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93