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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

Property Taxes

Parcel Number
CHEL-000086-000328-000010
Land Assessment
$1,091,500
Improvements Assessment
$1,517,600
Total Assessment
$2,609,100
  • Listing ID: 18495863

  • Date on Market: 2/12/2020

  • Last Updated:

  • Address: 261 Billerica Rd, Chelmsford, MA 01824

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