Feeney Brothers Utility Services FOR SALE


Worcester, MA - Booth Apartments
$4,153,016 USD
781-776-4006
, Worcester, MA for Sale
$4,153,016 USD
FOR SALE
1/10
null | 7% Cap Rate

Feeney Brothers Utility Services
Worcester, MA
Booth Apartments


HIGHLIGHTS

  • Attractive Rental Increases
  • Minimal Management Responsibilities
  • Strategic Retail Location
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the net leased Feeney Brothers Utility Services located at 451 Lincoln Street and 2-3 Andrews Avenue in Worcester, Massachusetts (the “Property”). The Property consists of three separate parcels with a total of 11,382 square feet of building area and 2.45 acres of land. Each parcel is on an original 10-year lease, followed by 5-year options periods and featuring attractive annual rental increases throughout the base term and options. 451 Lincoln Street is situated on a highly visible corner parcel at the signalized intersection of Lincoln Street and Marsh Avenue, with 2-3 Andrews Avenue offering additional space set back from Lincoln Street. The Property down the street from the area’s two largest shopping centers anchored by Target, Lowe’s, Stop & Shop, TJ Maxx, Kohl’s, and ALDI. The Property is extremely well located in the heavily trafficked east side of Worcester, just seconds from the junction of Interstates 290 & 190.

ASK ABOUT THIS PROPERTY

Matthew NadlerHorvath & TremblayMore Info
781-776-4006

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Matthew NadlerHorvath & TremblayMore Info
781-776-4006

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