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97 Union St
Easthampton, MA 01027
7-Eleven · Retail Property For Sale


Investment Highlights
- New 10 Yr Lease Extension | 40+ Years of Operating History Showing Strong Commitment To Site
- Established National Tenant
- Scheduled Rent Growth
- Corner Lot Convenience Retail Site
Executive Summary
Surmount is pleased to present the exclusive listing for a 7-Eleven located at 97 Union Street, Easthampton, MA 01027. The site consists of roughly 2,432 rentable square feet of building space on an estimated .54-acre parcel of land. 7-Eleven is subject to a new 10-year Triple Net (NNN) lease extension, which commenced 9/10/1982. The current annual rent is $95,000 and has scheduled increases of 10.00% Every 5 Years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,432 SF
Building Class
C
Year Built
1970
Price
$1,809,523
Price Per SF
$744.05
Cap Rate
5.25%
NOI
$95,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.54 AC
Opportunity Zone
Yes
Zoning
DB - Downtown Business
Frontage
Property Taxes
| Parcel Number | EHAM-000053-000018 | Improvements Assessment | $0 |
| Land Assessment | $117,200 | Total Assessment | $117,200 |
Property Taxes
Parcel Number
EHAM-000053-000018
Land Assessment
$117,200
Improvements Assessment
$0
Total Assessment
$117,200
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