20 Commercial Rd | Leominster, MA 01453
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- LoopNet Team
20 Commercial Rd
Leominster, MA 01453
The Plaza at 20 Commercial · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 90% OCCUPIED SERVICE-ORIENTED PLAZA PROVIDES STABLE, INTERNET-PROOF TENANCY
- OTHER TENANT LEASES FEATURE ANNUAL 2%-3% RENT INCREASES
- PART OF THE LARGEST RETAIL DEVELOPMENT IN THE AREA, WHICH IS HOME TO MORE THAN 1 MILLION SF OF NATIONAL AND REGIONAL RETAIL TENANTS
- ANCHORED BY CORPORATE TENANT WITH 13+ YEARS OF REMAINING LEASE TERM AND 10% RENT INCREASES EVERY 5 YEARS
- ADJACENT TO MAJOR COMMUTER ROUTE THAT SEES MORE THAN 63,000 VPD
- ALL LEASES ARE NNN WITH LIMITED LANDLORD RESPONSIBILITIES
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
20,279 SF
Building Class
B
Year Built
1993
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
2.02 AC
Zoning
commercial - Commercial
Parking
70 Spaces (3.45 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | LEOM-000391-000008 | Improvements Assessment | $1,622,800 |
| Land Assessment | $1,113,400 | Total Assessment | $2,736,200 |
PROPERTY TAXES
Parcel Number
LEOM-000391-000008
Land Assessment
$1,113,400
Improvements Assessment
$1,622,800
Total Assessment
$2,736,200
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