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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32263175
32263176

1 Connector Road, Andover, MA, USA, Andover, MA 01810 For Sale

LM
MA MA 9009996
Minco Corporation
Listed by Minco Corporation
$2,495,000
74 days on market
Updated 46 days ago

One Connector Road

Details
Property Type Industrial, Office
Sub Type Executive Office, Flex
Square Footage 7,571
Net Rentable (SqFt) 7,571
Units 11
Cap Rate 5.1%
NOI $127,164
Tenancy Single
Lease Type NNN
Lease Term 1
Lease Expiration 03/31/2027
Remaining Term 0.7
Lease Options 0
Price per SqFt $330
Class B
Year Built 1980
Year Renovated 2018
Buildings 1
Stories 3
Lot Size (SqFt) 32,570
Zoning IA Industrial
Investment Type Owner/User
Lease Commencement 04/01/2026
Occupancy Date 04/01/2027
Ground Lease No
Loading Docks 1
Ownership owner investor

User or investor. Pristine Flex Property with Corporate Address

Marketing description

7,571 square foot corporate office building with approximately 2,000 sf of 18 foot clear high-bay storage. This is a beautifully maintained property with manicured grounds including a private outdoor patio and abundant on site parking. High security building with state of the art system. Ideal for small contractor with office needs.

Investment highlights

Less than one year remaining on this lease expiring on March 31, 2027.

Listing Contacts

LM
MA MA 9009996
Minco Corporation
Listed by Minco Corporation

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$127,164.00
$10,597.00/mo

Valuation Metrics

0
DSCR
5.1%
Cap Rate
5.1%
ROI

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Additional Information

Name
Larry Marocco
License
MA 9009996
Brokerage Phone
9784793137
Title
MA
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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