118 Northampton St | Easthampton, MA 01027
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- LoopNet Team
118 Northampton St
Easthampton, MA 01027
CVS Pharmacy with Rare Rent Increases · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Backed Long Term Lease – CVS recently executed a long-term extension underscoring their commitment to the site
- Extremely Rare Rent Increases in Initial Term and Options – The lease provides for rent increases every 5 years during the firm term
- Excellent Exposure and Accessibility Along Area’s Main Traffic and Retail Corridor – Daily Traffic Counts Exceed 11,800 vehicles
- BBB Credit Rating by Standard & Poor’s – Tenant is publicly traded on the NYSE and reported annual revenues in excess of $268 billion in 2020
- Densely Populated Community – Over 21,900 residents within a three-mile radius and over 55,000 residents within a five-mile radius
- Less than Two Miles from One Ferry Project – A $45 million, 310,000 square foot mixed use project featuring commercial and residential space
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
9,378 SF
Building Class
B
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.54 AC
Zoning
HB - Highway business district
Parking
46 Spaces (5.19 Spaces per 1,000 SF Leased)
Frontage
210’ on Northampton St
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | EHAM-000128-000093-000001 | Improvements Assessment | $1,817,400 |
| Land Assessment | $417,700 | Total Assessment | $2,235,100 |
PROPERTY TAXES
Parcel Number
EHAM-000128-000093-000001
Land Assessment
$417,700
Improvements Assessment
$1,817,400
Total Assessment
$2,235,100
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