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Parkingway Portfolio 2 Retail Properties in Quincy, MA
Investment Highlights
- The properties are 100% leased with a compelling mix of national and local tenants, of which focus on internet resistant retail categories
Executive Summary
Boston Real Estate Advisors is pleased to offer for sale 153-205 and 221-241 Parkingway Street in Quincy, Massachusetts. 153-205 Parkingway Street is a 63,315 square foot retail strip center and 221-241 Parkingway Street is a 34,876 square foot retail strip center in the heart of Quincy Center. The properties are 100% leased with a compelling mix of national and local tenants, of which focus on internet resistant retail categories such as restaurants/entertainment, medical and wellness/beauty services.
The properties are ideally located in the heart of the downtown Quincy redevelopment area. Parkingway has abundant on and off street parking, within walking distance to the Quincy Center MBTA rapid transit station, and is located at the main entrance to Downtown Quincy.
This is a unique opportunity to acquire desirable retail properties with steady income and upside potential through scheduled rent increases and lease roll-over.
The properties are ideally located in the heart of the downtown Quincy redevelopment area. Parkingway has abundant on and off street parking, within walking distance to the Quincy Center MBTA rapid transit station, and is located at the main entrance to Downtown Quincy.
This is a unique opportunity to acquire desirable retail properties with steady income and upside potential through scheduled rent increases and lease roll-over.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 64,192 SF |
| Number of Properties | 2 | Total Land Area | 2.42 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 64,192 SF |
| Total Land Area | 2.42 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 153-205 Parkingway St, Quincy, MA 02169 | Retail | 42,782 SF | 1945 | - |
| 221-241 Parkingway, Quincy, MA 02169 | Retail | 21,410 SF | 1940 | - |
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