655 Mount Auburn St | Watertown, MA 02472
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- LoopNet Team
655 Mount Auburn St
Watertown, MA 02472
CVS Pharmacy · Retail Property For Sale
Investment Highlights
- Long-term Absolute NNN Lease with investment-grade tenant with 19 years remaining in the primary lease term
- Major hospital proximity – located 1.3 miles west of Mount Auburn Hospital, a 217-bed, healthcare facility serving the greater Boston area
- 1.8 miles west of Harvard University, the oldest institution of higher learning in the United States and among the most prestigious in the world
- Densely populated trade area – 22,000 residents within 1 mile with an average household income of $157,0000
- Excellent visibility/accessibility – subject property located in a highly trafficked retail corridor at the signalized, hard-corner intersection
- Strong tenant credit - S&P rated BBB
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,381 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.92 AC
Zoning
LB - Limited Business District
Parking
83 Spaces (5.77 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
Property Taxes
| Parcel Number | WATE-001230-000005-000001 | Improvements Assessment | $3,429,600 |
| Land Assessment | $1,699,700 | Total Assessment | $5,129,300 |
Property Taxes
Parcel Number
WATE-001230-000005-000001
Land Assessment
$1,699,700
Improvements Assessment
$3,429,600
Total Assessment
$5,129,300
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