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Dollar General & Subway 384 Main St 9,420 SF 100% Leased Retail Building Williamstown, MA 01267 $1,800,000 ($191.08/SF) 7.83% Cap Rate



Investment Highlights
- Significant capital expenditures undertaken by current ownership
- Enhancing curb appeal while improving functionality for tenants and customers with a newly sealed and striped
- The property benefits from year-round tourism
- New roof installed, offering structural peace of mind and reduced future capital obligations for ownership.
- Average household income within a 1-mile radius stands at an impressive $137,034, supporting strong retail spending power.
- Located just 0.8 miles from Williams College, a prestigious institution that further drives consistent foot traffic
Executive Summary
Property Facts Under Contract
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
Subway began in 1965 when 17-year-old Fred DeLuca opened Pete's Super Submarines in Bridgeport, Connecticut with financing help from Peter Buck. The company pioneered the fast-casual restaurant model focused on customizable submarine sandwiches. After expanding through franchising since 1974, it now maintains dual headquarters in Connecticut and Florida while operating thousands of locations worldwide. The menu features made-to-order subs, wraps, salads and baked goods with fresh ingredients. Though now a global brand, its Connecticut roots remain central to the company's identity.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | - | - | Triple Net | - | |
|
Accommodation and Food Services | - | - | - | - |
Property Taxes
| Parcel Number | WILL-000111-000000-000030 | Improvements Assessment | $1,417,700 |
| Land Assessment | $223,300 | Total Assessment | $1,641,000 |
Property Taxes
Presented by
George Whaling
Dollar General & Subway | 384 Main St
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