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Best Friends Pet Care 150 Boston Post Rd 11,418 SF Retail Building Sudbury, MA 01776 $3,872,319 ($339.14/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Long Term Lease
- Corporate Lease
- Strategic Location
- Substantial Rent Increases
- Zero Landlord Responsibilities
- Recession & E-Commerce Resistant Tenant
EXECUTIVE SUMMARY
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee simple interest in a Best Friends Pet Care located at 150 Boston Post Road in Sudbury, Massachusetts (the “Property”). The build-to-suit Property was constructed in 1999, and Best Friends Pet Care has 9+ years remaining on their Absolute NNN lease with two (2), 5-year renewal options. The lease features an attractive 1.5% annual rent increase throughout the primary lease term and renewal options. The Property is exceptionally well located at the intersection of Boston Post Road (US Route 20), the area’s primary commercial and commuter corridor, and Goodman’s Hill Road. The well-maintained Property is surrounded by several car dealerships and is 1.4-miles from the heart of Sudbury’s commercial area, which is home to grocers, retailers and restaurants that drive traffic to the immediate area. The Property is easily accessible from Interstate 90 (Massachusetts Turnpike) and is only 20-miles west of Boston.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
11,418 SF
Building Class
C
Year Built
1999
Price
$3,872,319
Price Per SF
$339.14
Cap Rate
8%
NOI
$309,786
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.63 AC
Zoning
BD
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Best Friends Pet Care
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Best Friends Pet Care | - | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | SUDB-000011K-000000-000002 | Improvements Assessment | $941,200 |
| Land Assessment | $705,800 | Total Assessment | $1,647,000 |
PROPERTY TAXES
Parcel Number
SUDB-000011K-000000-000002
Land Assessment
$705,800
Improvements Assessment
$941,200
Total Assessment
$1,647,000
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Best Friends Pet Care | 150 Boston Post Rd
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