Entity Owned Property summary
This exceptional Class A retail property in Andover, MA, presents a compelling investment opportunity. Located at 159 River Rd, this 4,040 square foot, single-tenant building sits on a 4-acre lot and boasts a 100% occupancy rate with a credit-rated tenant under a NNN lease with 2% annual rent bumps. The lease commenced August 21, 2020, and has a remaining term of approximately 6 years, expiring November 30, 2030, with lease options for 2-5 years. The property features ample parking (50 spaces… per 1,000 sq ft) and benefits from a highly visible location at the entrance to both Shattuck and Minuteman Office Parks, near I-93, and within a half-mile of six hotels. The property is zoned GB and was built in 2020. The asking price is $2,700,000, representing a 5.93% cap rate and a price per square foot of $668.32. The property's strong tenant, high visibility, and favorable lease terms make it an attractive investment for those seeking a stable, high-performing asset. The property is offered as a 1031 exchange opportunity. The Net Operating Income (NOI) is $160,199. This is a single-story building with a condo ownership structure. Nearby businesses include The Learning Experience and Boston Vision. The property is an end-cap location with street frontage.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 27 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Official district profile
The purpose of this district is to provide industrial uses
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Full Property Data
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- Location Insight
- Alternative use
- Local Zoning Insight
