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Advance Auto Parts - Bellingham, MA 45 Pulaski Blvd 7,000 SF Retail Building Bellingham, MA 02019 $2,144,415 ($306.35/SF) 6.50% Cap Rate
Investment Highlights
- Triple Net (NNN) Lease with over 9 years remaining.
- The asset serves an exceptionally affluent trade area, serving a population of over 95,000 people with average household incomes exceeding $109,150.
- Positioned directly on the Massachusetts-Rhode Island border, Bellingham serves as a strategic "gateway" between the Boston & Providence metropolitan.
- Strategically located on a hard corner with a traffic signal, the property sees over 18,363 VPD on Pulaski Boulevard.
- The rent was recently renegotiated to a "very comfortable" and sustainable level based on the store's sales performance.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 7,000 SF Advance Auto Parts located at 45 Pulaski Boulevard in Bellingham, MA. This investment features a Triple Net (NNN) Lease with more than 9 years of remaining lease term, providing investors with a truly passive ownership structure and minimal landlord responsibilities. The rent has recently been renegotiated to a sustainable and comfortable level for the tenant based on store performance, reinforcing long-term stability and tenant commitment. This offering presents a secure, long-term net-lease investment opportunity backed by a nationally recognized automotive retailer.
In Cooperation With Sands Investment Group Massachusetts, LLC - Lic. #424071-RE-LC BoR: Tom Gorman - Lic. MA #1000609-RB
In Cooperation With Sands Investment Group Massachusetts, LLC - Lic. #424071-RE-LC BoR: Tom Gorman - Lic. MA #1000609-RB
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
B
Year Built
2008
Price
$2,144,415
Price Per SF
$306.35
Cap Rate
6.50%
NOI
$139,386
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.72 AC
Zoning
BUS-1
Parking
22 Spaces (3.14 Spaces per 1,000 SF Leased)
Amenities
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Advance Auto Parts
- Retailer
- 7,000 SF
- $19.91
- Triple Net
- Dec 2035
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Advance Auto Parts | Retailer | 7,000 SF | $19.91 | Triple Net | Dec 2035 |
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | BELL-000098-000140 | Improvements Assessment | $841,800 |
| Land Assessment | $195,100 | Total Assessment | $1,036,900 |
Property Taxes
Parcel Number
BELL-000098-000140
Land Assessment
$195,100
Improvements Assessment
$841,800
Total Assessment
$1,036,900
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Advance Auto Parts - Bellingham, MA | 45 Pulaski Blvd
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