141 Dorchester Ave - Apartments CONDO FOR SALE


South Boston, MA 02127
$1,639,867 USD
332-345-4222
141 Dorchester Ave, South Boston, MA for Sale
$1,639,867 USD
Apartments CONDO - FOR SALE
1/2
null | 6% Cap Rate

141 Dorchester Ave
South Boston, MA 02127


OVERVIEW

NNN Pro is pleased to present the exclusive listing for The Handle Bar retail condo located at 141 Dorchester Ave, Boston, MA 02127. The site consists of roughly 1,757 rentable square feet of building space. The Handle Bar is subject to a 10-year Modified Triple Net lease, which commenced on 4/26/2013 and expires in 7.5 years. The current annual rent is $98,392 and has a 16% rental increase on 4/1/2027 which will increase the CAP rate by 100 basis points.

FOR SALE DETAILS

PRICE

$1,639,867 USD

PRICE/SF

$933 USD /SF

CAP RATE

6%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Handle Bar

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

257,907 SF

STORIES

11

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

CC

APN/PARCEL ID

SBOS-000000-000006-000007-000116,SBOS-000000-000006-000007-000278,SBOS-000000-000006-000007-000280

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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