ADVISORY AND TRANSACTIONAL SERVICES FOR SELLERS AND INVESTORS

Advance Auto Parts & Direct Tire – Medway, MA – NNN Lease

72 Main Street
Sold

SALE PRICE: $4,400,000
CAP RATE: 6.27%

PROPERTY HIGHLIGHTS:

  • New 2015 construction located along Rte. 109 near other retailers
  • Advance Auto Parts, Inc. is the largest automotive aftermarket parts provider in North America with over 5,200 stores in the United States, Puerto Rico, the U.S. Virgin Islands and Canada
  • Direct Tire & Auto Service is a leader in offering name brand tires, wheels, auto repair and brake services in Massachusetts
  • Located less than an hour from Boston and approximately 11 miles from Gillette Stadium, home field of the New England Patriots, and New England Revolution, as well as a large concert venue
  • New 15-year leases with increases and options to extend
  • Part of Greater Boston — 10th in population among the nation’s MSA’s and 6th largest economy in the U.S.
  • Over 25,000 households and 72,000 people, with an average household income of $124K+, within five miles
  • There are no features available

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$4,400,000

14.045 sf

Price:

$4,400,000

Cap Rate:

6.27%

Building Size:

14.045 sf

SF Land Area:

3 acres

Lease Type:

NNN

Remaining Term:

Fifteen (15) Years

Status:

Closed

CONTACT BROKER

Michael O'Mara

(617) 239-3616

Download Offering Memorandum
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