261 Billerica Rd | Chelmsford, MA 01824
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- LoopNet Team
261 Billerica Rd
Chelmsford, MA 01824
Knowledge Beginnings · Retail Property For Sale
Investment Highlights
- Recently Extended 10 Year Absolute NNN Lease - Zero Landlord Responsibilities
- Tenant Committed to Lease Extension During Pandemic
- One of the Few Area ChildCare Centers that was Open and Operated During Pandemic Shutdown
- Tenant Extended their Lease with a Rental Increase from Previous Rent with 10% Increase in New Term as Well
- Tenant Renewed for Ten Years after 20 Years of Occupancy - Very Strong Commitment to the Location
- Strong Student Counts in a Proven Suburban Location
Property Facts
Property Type
Retail
Property Subtype
Day Care Center
Building Size
12,749 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.50 AC
Zoning
Lmt Ind
Property Taxes
| Parcel Number | CHEL-000086-000328-000010 | Improvements Assessment | $1,517,600 |
| Land Assessment | $1,091,500 | Total Assessment | $2,609,100 |
Property Taxes
Parcel Number
CHEL-000086-000328-000010
Land Assessment
$1,091,500
Improvements Assessment
$1,517,600
Total Assessment
$2,609,100
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