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INVESTMENT HIGHLIGHTS
LONG TERM LEASE: Precision Machinists Company executed a new 15-year Absolute NNN Lease upon the close of escrow. Precision Machinists Company occupies a 12,637 square foot building on a 0.92-acre parcel.
ATTRACTIVE RENT INCREASES: The Absolute NNN Lease calls for attractive 2.5% annual rent increases throughout the primary lease term, providing a steady increase in income and an attractive hedge against inflation.
STRATEGIC LOCATION: The Property is positioned along Littleton Road (MA Route 110), the area’s primary commercial and commuter corridor. Precision Machinists Company sits within a small industrial park and is surrounded by several large residential communities. The Property benefits from its proximity to major area roadways including Interstate 495, US Highway 3 and MA Route 2, all of which provide convenient access to Boston and northern New England’s larger cities. Chelmsford is in northeastern Massachusetts and is approximately 25-miles northwest of Boston.
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