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Dollar Tree 121 North St 12,240 SF Retail Building Southbridge, MA 01550 $1,916,640 ($156.59/SF) 7.50% Cap Rate
Investment Highlights
- S&P Investment Grade Rated Tenant
- Low Price Point
- Rare New England Net Lease
Executive Summary
Rare New England net leased property.
-$95,000 Average HH Incomes (3 mi)
-S&P Investment Grade Rated Tenant (BBB)
-Fixed Rent Increases
-Low Price Point
-
-$95,000 Average HH Incomes (3 mi)
-S&P Investment Grade Rated Tenant (BBB)
-Fixed Rent Increases
-Low Price Point
-
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,240 SF
Building Class
C
Year Built/Renovated
1965/2019
Price
$1,916,640
Price Per SF
$156.59
Cap Rate
7.50%
NOI
$143,748
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
1.00 AC
Zoning
Commercial
Parking
32 Spaces (2.61 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (80)
Nearby Major Retailers
Property Taxes
| Parcel Number | SBRI-000036-000124-000001 | Improvements Assessment | $1,185,600 |
| Land Assessment | $301,900 | Total Assessment | $1,487,500 |
Property Taxes
Parcel Number
SBRI-000036-000124-000001
Land Assessment
$301,900
Improvements Assessment
$1,185,600
Total Assessment
$1,487,500
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Dollar Tree | 121 North St
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