35 W Main St | Norton, MA 02766
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35 W Main St
Norton, MA 02766
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Rare Lease Structure with Increases Throughout Base and Option Terms
- 20-Year Absolute NNN Lease with 17.7 Years Remaining
- Corporate Guarantee by CVS Health Corporation (BBB+)
- Lease Commenced in 2000 with Early Extension in 2018
- Four 5-Year Options with Increases Every Five Years Throughout Lease
- No Landlord Responsibilities
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,125 SF
Building Class
C
Year Built/Renovated
2000/2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.68 AC
Zoning
C
Parking
35 Spaces (3.68 Spaces per 1,000 SF Leased)
Frontage
225’ on W Main
PROPERTY TAXES
| Parcel Number | NORT-000023-000000-000035-000001 | Improvements Assessment | $1,766,800 |
| Land Assessment | $361,000 | Total Assessment | $2,127,800 |
PROPERTY TAXES
Parcel Number
NORT-000023-000000-000035-000001
Land Assessment
$361,000
Improvements Assessment
$1,766,800
Total Assessment
$2,127,800
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