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40 Brick Kiln Road, Chelmsf...

ABP Enterprise LLC Sells Retail Property In Chelmsford, MA For $2.6M
SOLDRetail

ABP Enterprise LLC Sells Retail Property In Chelmsford, MA For $2.6M

40 Brick Kiln Road, Chelmsford, Massachusetts 01824, United States

$2,600,000

$130/SF

Building Size

19,946 SF

Asset Type

Retail

Closing

May 12, 2022

AI

The retail property located at 40 Brick Kiln Rd in Chelmsford, MA has been sold. The property spans an impressive 10.03 acres of land. The transaction took place on 05/13/2022.

Summary of transaction details:

  • Property Type: Retail
  • Sale Price: $2,600,000
  • Square Footage: 19,946
  • Price Per Square Foot: $130
  • Address: 40 Brick Kiln Rd, Chelmsford, MA
  • Market: Chelmsford, MA

The seller in this transaction was ABP Enterprise LLC. The deal was facilitated by Ben Gatti from Greater Boston Commercial Properties Inc, who represented the seller.

Players

Benjamin Gatti

Greater Boston Commercial Properties

Broker

$51.7M

vol

14 deals

Broker

Chelmsford 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

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93