225 E Main St - Fast Food FOR SALE


Westfield, MA 01085
$2,178,000 USD
508-272-0585
225 E Main St, Westfield, MA for Sale
$2,178,000 USD
Fast Food - FOR SALE
1/3
null | 6.85% Cap Rate

225 E Main St
Westfield, MA 01085


HIGHLIGHTS

  • Yas Chicken executed a new 15-year lease providing surety of cash flow and long-term, desirable commitment
  • The asset sits in the primary retail node of Westfield, home to national tenants Home Depot, Walmart, Ocean State Job Lot, TJMaxx, and Aldi
  • Established restauranteur is the guarantor behind the lease, providing a 10-year personal guarantee with 6 months rolling thereafter

OVERVIEW

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Yas Chicken located in Westfield, Massachusetts. This 2,728 SF asset sits in the major retail node of Westfield, and is complemented with submarket co-tenants such as The Home Depot, Walmart, Ocean State Job Lot, and TJMaxx. The property benefits from its signalized location along E Main Street (14,930 VPD) and Mainline Drive. Yas Chicken executed a long-term 15 -year NNN lease in 2024 and rent will commence in March of 2025. The lease features 12.5% rent escalations every 5 years and throughout its one (1), ten (10) year renewal option. Yas Chicken will be paying $149,184 with the next escalation in March 2030. This unique offering presents an excellent opportunity to acquire a stable, completely passive investment for an investor.

FOR SALE DETAILS

PRICE

$2,178,000 USD

PRICE/SF

$920 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

Business B

APN/PARCEL ID

WFLD-000107-000000-000003

ASK ABOUT THIS PROPERTY

Eric SuffolettoAtlantic Capital PartnersMore Info
508-272-0585

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

Eric SuffolettoAtlantic Capital PartnersMore Info
508-272-0585

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