Opportunity to acquire a great corner with in-place rents and fixed income, but short term lease expirations that should provide an investor with near-term upside. The D' Angelo Sandwich shop is out of renewal options, and all indications are they would like to stay in place at either the current rent, or probbaly even at a higher rent. For Walgreens, an investor should expect them to remain at this location, as they recently closed another Walgreens store in Brockton, but left this one open for business. Just caddy corner from this locaiton is Westgate Mall, a 600,000 square foot power center. Westgate is anchored by Macy' s, Best Buy, Market Basket, Old Navy and Sears. Additional big boxes near the site include Lowes, Dicks Sporting Goods and Marshalls.
Long established Cary Hill Plaza Shopping Center has a 38,008 SF section 100% leased occupied by CVS, a high volume Save-A-Lot and a freestanding Dunkin Donuts.
Long established Cary Hill Plaza has a 50,000sf section of the center available for $3,200,000 for sale. This includes Family Dollar and a 42,881sf former retail box which is now used as office and high stud warehouse space but could be converted back to retail. Also available in a separate transaction at a price of $3,950,000 but part of the same center is 42,881sf of retail occupied by CVS, a very high volume Save-A-Lot, and a Dunkin Donuts.
DescriptionTwo 12x20' DoorsOne 10x20' DoorOne 10x14' Door7 BaysBuilt in 1975Gas Heat &Waste oil burner2010 RE Taxes: $8,144.76 +/-FOR SALE $ 595,000501 North Main StreetBrockton, MA4,400 SF Shop Area1,000 SF Office Area1,000 SF Storage MezzanineClear Span BuildingZoned C2.627 AcresCity Water & SewerN MAIN DescriptionTwo 12x20' DoorsOne 10x20' DoorOne 10x14' Door7 BaysBuilt in 1975Gas Heat &Waste oil burner2010 RE Taxes: $8,144.76 +/-FOR SALE $ 595,000501 North Main StreetBrockton, MA4,400 SF Shop Area1,000 SF Office Area1,000 SF Storage MezzanineClear Span BuildingZoned C2.627 AcresCity Water & SewerN MAINClose to Route 24Close to Route123 Close to Route 127
Price Upon Req.22,354 SF
Multi Purpose Retail Location Current use - Extremely busy used car lot
Business and Property Property includes auto repair business 6,860 (+/-) Warehouse 66 (+/-) Office
Price Upon Req.7,209 SF
30% Office Great Highway Exposure sign 45 Ft. up on Rt. 24