56 Daniels St - Warehouse FOR SALE


Fitchburg, MA 01420
$882,766 USD
781-776-4003
56 Daniels St, Fitchburg, MA for Sale
$882,766 USD
Warehouse - FOR SALE
1/8
null | 10% Cap Rate

56 Daniels St
Fitchburg, MA 01420


HIGHLIGHTS

  • Long Term Tenant
  • Attractive Rent Increases
  • Corporate Lease
  • Minimal Landlord Responsibilites
  • Strategic Location
  • High Traffic Counts

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single-tenant investment property located at 56 Daniels Street in Fitchburg, Massachusetts (the “Property”). The Bell/Simons Co occupies a 24,089 square foot facility on a large 3.37-acre site. The Bell/Simons Co has a long operating history at this Property and has continuously extended their lease demonstrating their commitment to the site and the market. The Bell/Simons Co has 2 years remaining on their Modified Net Lease. The lease provides for annual rental increases every year throughout the primary lease term. The Bell/Simons Co is well-located along Daniels Street and is seconds from the roundabout (intersection) with Kimball Street (MA Route 2A/12) and River Street (MA Route 31), two of the area’s primary commercial and commuter corridors. The Property is one mile from the center of Fitchburg and is strategically located near major highways, including George W Stanton Highway (MA Route 2) and Interstate 190, which connect the area to Worcester and Boston. The Property’s location makes it an appealing choice for businesses that are reliant on transportation and connectivity to the area’s largest markets.

FOR SALE DETAILS

PRICE

$882,766 USD

PRICE/SF

$36 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BellSimons Companies

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.37

LAND SF

146,797

ZONING

-

APN/PARCEL ID

FITC-000051-000011

ASK ABOUT THIS PROPERTY

Robert HorvathHorvath & TremblayMore Info
781-776-4003

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Robert HorvathHorvath & TremblayMore Info
781-776-4003

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