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354 Main St
Gardner, MA 01440
Fully Occupied Multi-Tenant Center · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
12,595 SF
Building Class
B
Year Built
2011
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,595 SF
Building FAR
0.26
Lot Size
1.13 AC
Zoning
COMM

AMENITIES

  • Signage

ABOUT 354 MAIN ST , GARDNER, MA 01440

Fully Occupied Strip-Center with E-Commerce Resistant Tenant-Mix oThe Property consists of five-units and is 100% occupied by a mix of Tenants in the Government, Financial, and Healthcare Sectors, all of which are e-commerce resistant. High Barrier to Entry New England Asset with Upgraded Construction oThe Property is an approximately 12,595+/- square foot building that sits on a large 1.13 acre parcel, there are 61 parking stalls for customer convenience. Strategic Location with Excellent Visibility and Access oThe Property is located directly off of MA Route 2 (Exit 22) which is the main entrance into Gardner. Motorists exiting north on Route 2 into Gardner must pass the Property, providing excellent exposure and a greater likelihood of tenant success. oThe Property is situated on Main Street in close proximity to the Gardner Police Department Headquarters, the United States Post Office and national retailers such as CVS, Rite Aid, Cumberland Farms, Hannaford Supermarket, Advance Auto Parts, Bank of America, Fidelity Bank, and others. oThe Property boasts two convenience access points, both of which are on Main Street. Leases with Minimal Landlord Responsibilities and either Corporate or Personal Guarantees oThe Social Security Administration is guaranteed by the U.S. Government while Edward Jones Co. and Miracle Ear both have corporate guarantees. oBoth spaces occupied by Franklin Eye Care Associates, LLC are subject to personal guarantees from the owner. oThe leases are all triple-net in nature providing for minimal landlord responsibilities. Proven Tenant Success. oFranklin Eye Care Associates has been located at the Property since it was built in 2011. In May 2016 Franklin Eye Care Associates executed a 10-year lease on additional space, increasing their overall presence by over 45%. In conjunction with this new lease, they completed an extensive build-out further demonstrating their commitment to the Property and overall success. Access to Strong Trade Area – Average HH Income close to 50% above National Average oThe Property provides services to a trade area of approximately 32,000+ residents with an average household income of over $75,731 which is close to 50% above the national average.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
GARD-000022R-000016-000009
Land Assessment
$170,600
Improvements Assessment
$2,563,100
Total Assessment
$2,733,700
  • Listing ID: 11405097

  • Date on Market: 1/29/2018

  • Last Updated:

  • Address: 354 Main St, Gardner, MA 01440

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