720 Main St - Drug Store FOR SALE


Clinton, MA 01510
$8,035,000 USD
424-414-2710
720 Main St, Clinton, MA for Sale
$8,035,000 USD
Drug Store - FOR SALE
1/22
null | 7.35% Cap Rate

720 Main St
Clinton, MA 01510


HIGHLIGHTS

  • CORPORATE GUARANTEE FROM WALGREENS
  • LONG-TERM ABSOLUTE TRIPLE NET (NNN) LEASE
  • EXCELLENT SITE-LEVEL VISIBILITY & CONVENIENCE
  • UMASS MEMORIAL HEALTH | Located just a half mile from the subject property.
  • ACROSS FROM GROCERY-ANCHORED CENTER | Directly across the street from a grocery-anchored shopping center that features Hannaford Supermarket.
  • GREATER BOSTON MSA | Like Greater Boston, Clinton is projected for positive population growth over the next 5 years.

OVERVIEW

PRICING: $8,035,000 CAP RATE: 7.35% NOI: $590,500 LEASE TERM: 9.5+ YEARS GUARANTEE: CORPORATE

FOR SALE DETAILS

PRICE

$8,035,000 USD

PRICE/SF

$552 USD /SF

CAP RATE

7.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens | Clinton, MA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

1.49 AC

LAND SF

64,904 SF

ZONING

-

APN/PARCEL ID

CLIN-000079-002026

ASK ABOUT THIS PROPERTY

424-414-2710

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424-414-2710

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