10-16 Jungle Road 2 Retail Properties Offered at $5,339,968 in Leominster, MA

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire the fee simple interest in the three-tenant plaza located at 10-16 Jungle Road in Leominster, Massachusetts (the “Property”). The newly constructed, three-tenant plaza is improved with Starbucks, UPS, and IC Credit Union and contains 6,823 square feet on a 1.41-acre parcel. Starbucks has a new 10-year lease with four (4), 5-year renewal options, UPS has a 10-year lease with two (2), 5-year renewal options, and IC Credit Union signed a 20-year lease with four (4), 5-year renewal options. All three leases call for attractive rent increases throughout the primary lease terms and at the start of each of the renewal option periods. The Plaza is positioned within an established commercial area and is shadow anchored by a nearby Walmart Supercenter and is surrounded by national and regional retailers and service-oriented businesses that drive traffic to the area. The Property features excellent visibility and just off Interstate 190, providing convenient access to MA Route 2 and connectivity throughout Central Massachusetts and to the Greater Boston market. The site is also convenient to nearby residential neighborhoods, multifamily housing, and area schools, providing a built-in customer base. Leominster is located in Worcester County, approximately 40 miles northwest of Boston.