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4 Elissa Avenue

Sam Ankin Of Northpond Partners Acquires Wayland Town Center From BOS Retail 1 LLC For $36M
SOLDRetail

Sam Ankin Of Northpond Partners Acquires Wayland Town Center From BOS Retail 1 LLC For $36M

4 Elissa Avenue

$36,000,000

$189/SF

Building Size

190,000 SF

Asset Type

Retail

Closing

Dec 22, 2025

AI

The retail asset located at 4 Elissa Avenue in Wayland, MA was sold for $36,000,000. The property encompasses a total area of 190,000 square feet, resulting in a price per square foot of $189. This acquisition marks a significant transaction within the MetroWest market.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $36,000,000
  • Buyer: Sam Ankin - Northpond Partners
  • Seller: BOS Retail 1 LLC
  • Square Footage: 190,000
  • Price Per Square Foot: $189

Sam Ankin represented Northpond Partners in this transaction, which is noted as their first acquisition in the Greater Boston area. The purchase includes the Wayland Town Center, which is currently anchored by Stop & Shop and is planned for modernization under the new ownership.

Players

NP
Northpond PartnersBuyer

Dracut 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

0.44%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93