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287 Washington St
Stoughton, MA 02072
O'Reilly Auto Parts · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Ideal 1031 Exchange opportunity– Corporately guaranteed new construction.
  • Hedging Inflation and Depreciation – Starting in year 11, there are 6% rent increases every 5 years through all four options.
  • lease expires in 2033, making it a spectacular opportunity for an investor looking for a passive investment with rent increases.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
7,034 SF
Building Class
C
Year Built/Renovated
1965/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.78 AC
Zoning
GB
Parking
25 Spaces (3.55 Spaces per 1,000 SF Leased)
Frontage
146’ on Washington

AMENITIES

  • Fenced Lot
  • Signalized Intersection

ABOUT 287 WASHINGTON ST , STOUGHTON, MA 02072

LEASE “Coupon Clipper” Investment – Property comes with a 20-year roof warranty through 2038, which helps this deal operate essentially as NNN. LOCATION/MARKET Extremely Rare Boston Investment Opportunity – Over the last 24 months, there has been only one other new development retail transactions hit the market in the Greater Boston area (Costar). Top Regional Grocer Across the Street – Stop&Shop Superstore is one of the tri-state areas largest grocers. Ahold Delhaize, the parent company, is the second largest grocery company in the world coming generating $62.3 Billion in revenue in 2018 Driving Distance to Gillette Stadium – The Super Bowl Dynasty Patriots play only 12 miles from subject property. Prime Retail Positioning – Great visibility and access on a signalized corner on a major thoroughfare that sees 20,000 cars per day on average. Incredible Demographic Mix – Within a dense 5-mile radius, there are ±266,065 residents with incomes between ±$98,421 and ±$99,599. Strong retail Corridor– Retailers in the area consist of as Walgreens, Dunkin Donuts, McDonald’s, CVS, KFC, Taco Bell, Bank of America. Near Only High School in Stoughton – Stoughton High School is only 1-mile from subject property and has over 1200+ students enrolled. TENANT Strong Investment grade credit – O’Reilly Auto Parts boast strong investment grade credit of BBB along with AutoZone, Walgreens, AT&T Sherwin-Williams, Kroger, and FedEx to name a few. Increasing Performance – O’Reilly ended 2018 with a total revenue of $9.53 Billion which was up from 2017’s revenue of $8.97 billion.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
STOU-000057-000085
Land Assessment
$541,900
Improvements Assessment
$417,800
Total Assessment
$959,700
  • Listing ID: 18433345

  • Date on Market: 2/6/2020

  • Last Updated:

  • Address: 287 Washington St, Stoughton, MA 02072

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