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146 Eastern Ave
Gloucester, MA 01930 North Shore

$1,695,000 USD

Freestanding For Sale  •  5,304 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 6,564 SF
  • Lot Size 0.72 AC
  • Building Class C
  • Year Built 2011
  • Cap Rate 6.58 %
  • Tenancy Single
  • Zoning EB- Extensive Business
30 Transit Score
40 Walk Score

Highlights

Corporate guaranty by Advance Auto Company, Inc
Strong tenant commitment to property
Proven successful location with 8 year operating history
10% rent increases in first and second option periods

Property Flyers

Cap Rate: 6.58 %

Major Tenants

Tenant SF Occupied Lease End Date
Advance Auto Parts

Public Transportation

Commuter RailDriveWalkDistance
Gloucester (Newburyport/Rockport Line - MBTA) 4 min - 2.3 mi
Rockport (Newburyport/Rockport Line - MBTA) 5 min - 2.7 mi
AirportDriveWalkDistance
General Edward Lawrence Logan International 53 min - 32.2 mi
Fred Newton 508-725-7017 Sovereign Realty Advisors
Fred Newton 508-725-7017 Sovereign Realty Advisors