60 E Main St | Milford, MA 01757
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60 E Main St
Milford, MA 01757
Jiffy Lube · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Listed for $2,036,430 yielding a cap rate of 7.00%.
- Absolute NNN Lease with zero landlord responsibilities.
- 10% Rent increases every 5 Years provide effective hedge against inflation.
- Recent 10-year Extension from the tenant demonstrates commitment to the location.
- Team Car Care has 500+ Locations nationally and they are a leader in the quick lube space.
- High Traffic Volume with over ±23,157 vehicles per day on E Main St.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,800 SF
Building Class
B
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.38 AC
Zoning
CB - Auto Repair
Frontage
92’ on E Main St.
PROPERTY TAXES
| Parcel Number | MILF-000042-000000-000193 | Improvements Assessment | $315,200 |
| Land Assessment | $179,000 | Total Assessment | $494,200 |
PROPERTY TAXES
Parcel Number
MILF-000042-000000-000193
Land Assessment
$179,000
Improvements Assessment
$315,200
Total Assessment
$494,200
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