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6 Andrews Parkway

Surmount Represents Buyer And Seller In Sale Of Retail Asset For $3.675M In Devens, MA
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Surmount Represents Buyer And Seller In Sale Of Retail Asset For $3.675M In Devens, MA

6 Andrews Parkway

$3,675,000

$200/SF

Building Size

18,358 SF

Asset Type

Retail

Closing

Nov 4, 2025

AI

The property asset involved in the transaction is a retail space located at 6 Andrews Parkway in Devens, MA. The sale price for this asset was $3,675,000, encompassing a total area of 18,358 square feet, which translates to a price per square foot of $200.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,675,000
  • Square Footage: 18,358
  • Price Per Square Foot: $200
  • Address: 6 Andrews Parkway
  • Market: Devens, MA

The transaction was brokered by Glen Kunofsky, Anthony D'Ambrosia, Josh Kanter, and Kevin Burke from Surmount. The brokerage represented both the seller and buyer during the sale of the Devens Strip Center, in collaboration with their broker of record Bang Realty-New England, Inc.

Players

Glen Kunofsky

Surmount

Broker

$768.6M

vol

106 deals

Broker

Devens 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

4.32%

Cash-on-Cash

-1.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93