Historical Retail Sale Listing - Advance Auto New England

Retail For Sale

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Advance Auto New England

438 Broadway, Taunton, MA 02780

N/A

6,000 SF | Retail

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Advance Auto Taunton, MA

Retail Property - Off Market

Price:
N/A
Building Size:
6,000 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with
10+ years left on lease
Commission Split:
1.5%
Cap Rate:
6.50%
No. Stories:
1
Tenancy:
Single
Year Built:
2009
Lot Size:
0.92 AC
Listing ID
18431086
Last Updated
97 days ago

Highlights

  • HIGH VISIBILITY NEW ENGLAND LOCATION
  • SINGLE TENANT-FREE STANDING
  • INVESTMENT GRADE: S & P RATED BBB-
  • 11 YEAR-NET LEASED
  • BUILT-IN RENTAL INCREASES IN OPTION PERIODS
  • ASSUMABLE FINANCING-Possible Prepayment

Description

438 Broadway, Taunton, MA is a 6,000 square foot property leased to Advance Auto, an investment grade, Standard & Poors rated "BBB-" company. There are approximately 11 years remaining on the primary term of the lease. The property is encumbered by financing, but at the right price can be delivered free and clear. There are over 24,000 vehicles per day that pass this modern configuration retail property.

Taunton is a city in Bristol County, Massachusetts, United States, located approximately 40 miles (64 km) south of Boston, 18 miles (29 km) east of Providence, 10 miles (16 km) north of Fall River, 20 miles (32 km) north of New Bedford, and 25 miles (40 km) west of Plymouth. It is also the seat of Bristol County. Taunton is situated on the Taunton River which winds its way through the city on its way to Mount Hope Bay, 10 miles (16 km) to the south. As of the 2010 census, the city had a total population of 55,874.Founded in 1637 by members of the Plymouth Colony, Taunton is one of the oldest towns in the United States.

Map of 438 Broadway, Taunton, MA 02780 (Bristol County)

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Created 11/4/2013