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82 Prospect St
Milford, MA 01757
Retail Property For Sale
Property Facts
Amenities
- Banking
- Pylon Sign
- Drive Thru
About 82 PROSPECT ST , MILFORD, MA 01757
North Atlantic Commercial Real Estate Investments, LLC is pleased to exclusively market for sale a 2,400 SF free standing net-leased Bank of America property with a double drive-thru located at 82 Prospect St. in Milford, Massachusetts. The building was constructed in 1970 and has been a Bank of America location since 1998. In November of 2018 Bank of America exercised their first option renewal period, showing a commitment to this location. There are 4+ years on the lease with four additional 5 year options to renew, all with 15% increases in rent. This is a highly visible retail location on Prospect Street in Milford, MA and is surrounded by retail as well as Regional medical facilities. Milford, Massachusetts is located in Worcester County, 40 miles West of Boston, Massachusetts. Milford is in the heart of the Worcester Metro Region and employment is anchored by the Biotech industry as well as Healthcare, with UMass Medical School and UMass Memorial Healthcare leading the way.
Property Taxes
| Parcel Number | MILF-000049-000000-000059A | Improvements Assessment | $598,400 |
| Land Assessment | $287,800 | Total Assessment | $886,200 |
Property Taxes
