1 Connector Road, Andover, MA, USA

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1 Connector Road, Andover, MA, USA

Andover, MA 01810
Asking Price
$2.50M
Cap Rate
5.1%
Asset Type
Executive Office Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Industrial flex property located in Andover Massachusetts
  • Current asking price set at 2495000 dollars
  • Investment opportunity featuring a 5.1 percent cap rate
  • Existing lease expires on March 31 2027
  • Property features an executive office component
  • Facility serves as a versatile corporate address

What's Special

Andover serves as a prominent commercial hub within the Greater Boston region, benefiting from access to major transportation corridors and a deep talent pool. This industrial flex property at 1 Connector Road presents a clean, corporate-ready environment suitable for companies requiring a blend of executive office space and functional industrial access. The asset accommodates various professional operations, including research, technology, or corporate headquarters functions, offering a strategic footprint for owner-users or investors seeking to capture value in this established market. Its configuration aligns well with modern business needs for versatile floor plans and prominent physical identity. Current operations are supported by a lease agreement that concludes on March 31, 2027. Investors may evaluate this as a repositioning or hold opportunity, while business owners can utilize the timeline to plan for future occupancy. The property remains well-positioned to serve organizations looking for a professional address in a resilient suburban market, providing both the infrastructure for industrial workflows and the aesthetic for client-facing executive activities.

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NOI
$80,000
Cap Rate
3.21%
DSCR
0.54
Underwater
Cash-on-Cash
-9.10%
Monthly Payment
$12,343.899
Annual Cash Flow
$-68,126.784

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