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Southway Village 10 Cape Rd 17,342 SF 61% Leased Retail Building Taunton, MA 02780 $2,300,000 ($132.63/SF)
EXECUTIVE SUMMARY
to solicit offers for the sale of Southway Village, a
17,342 SF multi-tenant strip center located at 10 Cape
Road in Taunton, MA. The property is anchored by
Advance Auto Parts and Rent-A-Center, with one
6,842 SF vacancy that provides a clear path for upside
through a targeted lease up.
Both tenants have operated at the property long
termAdvance Auto Parts since 2011 and Rent-ACenter
since 1996 demonstrating durable tenancy and
consistent customer draw. Rent-A-Center recently
executed an early five-year extension with a rent
increase and added renewal options, while Advance
Auto Parts remains committed through 2026 with two
five-year options and scheduled escalations. These
actions highlight tenant stability and strong confidence
in the location. The property offers investors both
near-term leasing upside and strengthened income
durability from credit tenants with long operating
histories at the center.
With a current NOI of $115,993 and priced at
$2,300,000, Southway Village represents a compelling
opportunity to acquire a well-located necessity-based
retail asset in a dense, high-traffic corridor.
PROPERTY FACTS
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- -
- -
-
Lorem Ipsum
-
Jan 0000
Advance Auto Parts, Inc. is a publicly traded automotive aftermarket parts retailer (NYSE: AAP) founded on April 29, 1932 by Arthur Taubman. Headquartered in Raleigh, North Carolina, the company operates over 4,000 stores across the United States, Puerto Rico, and Canada, along with Carquest and Worldpac branches. Advance Auto Parts serves both do-it-yourself (DIY) customers and professional installers, offering a wide range of products including batteries, brakes, engine components, and maintenance supplies. The company also provides in-store services such as battery testing, installation, and recycling. With a workforce of approximately 62,800 employees, Advance Auto Parts emphasizes convenience through its e-commerce platform and same-day delivery options. The firm has grown through strategic acquisitions, including Carquest and Worldpac, and continues to expand its footprint while focusing on operational efficiency and customer service.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | - | - | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 6,842 SF
- Retail
- End Cap
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 6,842 SF | Retail | End Cap | Now |
1st Floor
| Size |
| 6,842 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | TAUN-000056-000115 | Improvements Assessment | $730,700 |
| Land Assessment | $646,700 | Total Assessment | $1,377,400 |
PROPERTY TAXES
Presented by
Southway Village | 10 Cape Rd
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