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900 Pleasant St 2,600 SF 100% Leased Retail Building Norwood, MA 02062 $2,500,000 ($961.54/SF) 4.25% Cap Rate
Executive Summary
NNN Investment Sale
Hedge against uncertainty!
5 Year base term plus options in place
Currently occupied by Larin Automotive, who has been a tenant since 2014.
900 Pleasant Street is 0.96 acres with a stand alone 2,610 SF auto repair facility.
The property is located at the intersection of Pleasant Street and Morse Street, just 0.5 miles from Route 1 Auto Mile.
Hedge against uncertainty!
5 Year base term plus options in place
Currently occupied by Larin Automotive, who has been a tenant since 2014.
900 Pleasant Street is 0.96 acres with a stand alone 2,610 SF auto repair facility.
The property is located at the intersection of Pleasant Street and Morse Street, just 0.5 miles from Route 1 Auto Mile.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,600 SF
Building Class
B
Year Built
1955
Price
$2,500,000
Price Per SF
$961.54
Cap Rate
4.25%
NOI
$106,200
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
0.96 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Browne's Garage Inc
- Services
- -
- -
- -
- Larin Automotive LLC
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Browne's Garage Inc | Services | - | - | - | ||
| Larin Automotive LLC | Services | - | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | NORW-000015-000005-000011 | Improvements Assessment | $182,600 |
| Land Assessment | $281,600 | Total Assessment | $464,200 |
Property Taxes
Parcel Number
NORW-000015-000005-000011
Land Assessment
$281,600
Improvements Assessment
$182,600
Total Assessment
$464,200
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Contact the Sale Advisor
900 Pleasant St