2 Summer St | Chelmsford, MA 01824
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
2 Summer St
Chelmsford, MA 01824
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporately owned and operated by Bank of America with over 8 Years remaining on the lease term
- Above Average $239,000,000 in Branch Deposits, Drive thru access, Pandemic-Proof
- Operating successfully at this location since 1974
- Investment Grade Credit tenant; BOA holds S&P Rated A+, Moody’s Rated Aa2 and is one of the largest financial institutions in the US
- Absolute Net Fee Simple Lease
- 15% Rental increases, Four, 5 Year Options Remain
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bank
Building Size
2,872 SF
Building Class
C
Year Built
1974
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
8.45 AC
Zoning
CC
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
78’ on Summer St
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | CHEL-000084-000334-000019 | Improvements Assessment | $520,300 |
| Land Assessment | $434,700 | Total Assessment | $955,000 |
PROPERTY TAXES
Parcel Number
CHEL-000084-000334-000019
Land Assessment
$434,700
Improvements Assessment
$520,300
Total Assessment
$955,000
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
