1191 Millbury St - Freestanding FOR SALE


Worcester, MA 01607
$3,100,000 USD
508-769-5007
1191 Millbury St, Worcester, MA for Sale
$3,100,000 USD
Freestanding - FOR SALE
1/3
null | Request Cap Rate

1191 Millbury St
Worcester, MA 01607


OVERVIEW

NAI Glickman Kovago & Jacobs is offering 1191 Millbury Street in Worcester, MA for sale to investors. The property is fully occupied by Resinate Dispensary on an NNN lease through 5/31/2029. This 9,723 sq ft building has excellent highway access and strong demographics supporting a large customer base. Resinate has operated here since 2019. Contact one of the listing brokers for financial information associated with the offering. Located less than half a mile from Route 146, this location offers excellent access to major roadways in Central Massachusetts. The I-90 and Route 20 interchange is just two miles south, and I-290 in Worcester is two miles north. This prime location boasts a 10-mile population of 400,000 people with an average household income of $104,000, providing the operating company with strong local demographics. The surrounding area is home to major retailers such as Walmart, Gamestop, GNC & Greatclips.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$319 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

MG-1

APN/PARCEL ID

WORC-000031-000003-000002-000003

ASK ABOUT THIS PROPERTY

Jim GlickmanNAI Glickman Kovago & JacobsMore Info
508-769-5007

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Jim GlickmanNAI Glickman Kovago & JacobsMore Info
508-769-5007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.