ADVISORY AND TRANSACTIONAL SERVICES FOR SELLERS AND INVESTORS

Best Buy – Everett (Boston MSA), MA – NNN Lease

162 Santilli Highway

ASKING PRICE: Unpriced

  • Best Buy has more than 1,400 stores nationwide and generates more than $40 billion annually
  • Everett is 4 miles north of Boston & 15 minutes from Logan International Airport (31.6M annual passengers in 2014)
  • Close proximity to Wynn Resorts’ approved $1.6 billion casino to be located in Everett (only casino servicing Boston MSA)
  • Located near other major retailers including Target, Costco & Home Depot
  • Part of Greater Boston — 10th in population among the nation’s MSA’s and 6th largest economy in the U.S.
  • Pad site potential for future development; ability for future expansion (site originally approved for 47,000 square feet). Deed has restriction on supermarkets
  • Over 786,000 people, with an average household income of nearly $91K, within five miles
  • Landlord responsible for roof, structure and parking lot; tenant reimburses for CAM, taxes and insurance
  • There are no features available

Unpriced

30,000 sf

Price:

Unpriced

Building Size:

30,000 sf

SF Land Area:

3.88 acres

Current NOI:

$1,087,500

Lease Type:

NNN

Remaining Term:

7.5 Years

Status:

Active

CONTACT BROKER

Michael O'Mara

(617) 239-3616

Michael Zimmerman

(919) 391-9901

Download Offering Memorandum
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