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354 Main St 12,595 SF 100% Leased Retail Building Gardner, MA 01440 $3,950,000 ($313.62/SF) 7.50% Cap Rate

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INVESTMENT HIGHLIGHTS

100% Occupancy
Surrounded by well established national brands & amenities

Located directly off Route 2

EXECUTIVE SUMMARY

Kelleher & Sadowsky Associates is pleased to present 354 Main Street in Gardner, MA as available for sale. This investment property boasts strong cash flow and is occupied by credit tenants on long term leases. Built in 2011, the single story 12,864 square foot retail and office building is perfectly located directly off of Route 2 and is surrounded by many name brand national and regional companies such as CVS, Walgreens, Hannaford Supermarket, Advance Auto Parts, Bank of America, Fidelity Bank, and many more.

Gardner - Main Street (354) INV

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

12,595 SF

Building Class

Year Built

2011

Price

$3,950,000

Price Per SF

$313.62

Cap Rate

7.50%

NOI

$296,335

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.26

Lot Size

1.13 AC

Opportunity Zone

Yes

Zoning

COMM

Bus Line

Signage

Public Administration
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$9.99
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GSA provides workplaces by constructing, managing, and preserving government buildings and by leasing and managing commercial real estate. GSA's acquisition solutions offer private sector professional services, equipment, supplies, and IT to government organizations and the military. GSA also promotes management best practices and efficient government operations through the development of governmentwide policies.

Retailer
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Miracle-Ear is a hearing aid company that has franchised and corporately-owned retail stores all over the United States. With thousands of locations, they strive to bring their customers leading-edge technology and hearing solutions that improve lives, relationships and communities. Since 1948, they've been committed to helping people reconnect to the people and things they love through improved hearing healthcare. Every new day starts with a sunrise and endless possibilities. Possibilities where sound—big or small—helps enhance peoples' experience and creates connections to those around them. At Miracle-Ear, they get that the sounds of life are a big part of what gets people going each day.