50 W Center St | Lee, MA 01238
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50 W Center St
Lee, MA 01238
Domino's NNN Investment - Lee, MA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- A multi-unit franchisee operates this Domino’s location which opened for business in 2024 after substantial interior & exterior building renovations.
- This well-located and highly visible property is located on the heavily traveled W Center Street next to Lucky’s Ice Cream, Mobil and Joe’s Diner.
- 50 W Center Street also benefits from being across the street from a new 131+/- unit multi-family residential complex.
- The lease currently has 13.5 +/- years remaining with an expiration date of June 30, 2039. The lease is personally guaranteed.
- This property has great frontage, ample parking, and convenient access.
- Also benefits from retail traffic driven by neighboring businesses including Carr Hardware, Henry’s Electric & Appliances and more.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,600 SF
Building Class
C
Year Built
1967
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.51 AC
Zoning
CBC - CBC - Commercial Business Corridor
Parking
30 Spaces (18.75 Spaces per 1,000 SF Leased)
Frontage
115’ on W Central Street
PROPERTY TAXES
| Parcel Number | LEEE-000012-A000000-000000-000900-000900 | Improvements Assessment | $242,000 |
| Land Assessment | $182,500 | Total Assessment | $424,500 |
PROPERTY TAXES
Parcel Number
LEEE-000012-A000000-000000-000900-000900
Land Assessment
$182,500
Improvements Assessment
$242,000
Total Assessment
$424,500
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