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- LoopNet Team
30 Prince St
Danvers, MA 01923
Retail Property For Sale
PROPERTY FACTS
ABOUT 30 PRINCE ST , DANVERS, MA 01923
PARKING:Composition Open(Tandem) Covered(Tandem) Total ConditionAsphault: 81(0) 0(0) 81 FairGravel/Dirt: 20(0) 0(0) 20 FairProperty Description: Gym/Health ClubProperty Use Description: Gym/Health Club MOK Capital Advisors, in conjunction with Real Estate Authority, are pleased to exclusively present for sale the real property known as Boston North Fitness Center located in Danvers, MA. This is an absolute NNN lease with zero landlord responsibilities, a rare find in the Massachusetts marketplace. The property consists of 44,908 square feet on one level and is situation on 5.67 acres and was renovated in both 2005 and 2013. There are 13 years and 1 months remaining on the lease term with 2% rent escalations every year throughout the primary term and option periods. The lease is personally guaranteed by the business operators who own several successful fitness centers with strong net worth.This property has been a successful and independently run fitness facility for 40-years and is located in a strong demographic retail and highly-trafficked area. The property is located right off highly so This property has been a successful and independently run fitness facility for 40-years and is located in a strong demographic retail and highly-trafficked area. The property is located right off highly sought after Route 114, and right off several major highways including Route 95 and Route 1 with traffic counts in excess of 100,000 vehicles per day.
PROPERTY TAXES
| Parcel Number | DANV-000049-000000-000073B | Improvements Assessment | $2,622,000 |
| Land Assessment | $2,207,600 | Total Assessment | $4,829,600 |
PROPERTY TAXES
