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93.8% Leased Neighborhood Center For Sale | Mass Pike West

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Property Overview

Price/Rent PSF $ 5,795,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available Inquire
Date Available 04/13/2021
Additional URL Link
Floors 2
Building size 43875
Additional parameters Show
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Description

Location
74 Main Street a neighborhood center located near the intersection of Route 109 and Holliston Street. Area tenants include CVS Health, Shaw's, Walgreens, Ocean State Job Lot, Dunkin', Middlesex Savings Bank, Dollar Tree, Burger King, Bank of America, and Domino's Pizza. The 5-mile radius trade area features a robust median household income of $123,235 and a population of 74,505, 59% have a bachelor's degree or higher.

Sale
Gould's Colonial Plaza is a 93.8% leased neighborhood center located at 74 Main Street in the Mass Pike West suburb of Medway, Massachusetts. Priced at an 8.4% cap rate, this 17 tenant property includes approximately 43,875 +/- SF of gross leasable area across three buildings on a 4.3-acre site. The property is 93.8% leased, which shows ongoing commitment from the property's diverse tenancy through the Covid pandemic. Area tenants include CVS Health, Shaw's, Walgreens, Ocean State Job Lot, Dunkin', Middlesex Savings Bank, Dollar Tree, Burger King, Bank of America, and Domino's Pizza. The 5-mile radius trade area features a robust median household income of $123,235 and a population of 74,505, 59% have a bachelor's degree or higher.

Location

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