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409 Park Ave
Worcester, MA 01610 University Park

$1,897,043 USD

Convenience Store For Sale  •  2,515 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 2,515 SF
  • Lot Size 0.37 AC
  • Building Class C
  • Year Built 1965
  • Cap Rate 5.75 %
  • Tenancy Single
  • Zoning BG 4.8, Worcester
40 Transit Score
70 Walk Score

Highlights

The lease is guaranteed directly by 7-Eleven, Inc. (S&P: A-), the world's largest convenience store chain with 13,000+ locations
The tenant pays real estate taxes directly to the taxing authority, plus insurance, CAM, and all maintenance, repairs, and replacements
Infill Location: Sits on a dense retail stretch of the Park Ave corridor with strong visibility and easy access, and 157,000 residents within 3 miles.
New England's 2nd-largest city, where UMass Memorial Health alone employs 20,000+. Hospitals, colleges, and universities
Rent increases to $109,080 on 12/1/2026, then $119,988 and $131,987 through 2041.
Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
7-Eleven 2,515 SF 11/30/2031

Public Transportation

Commuter RailDriveWalkDistance
4 min - 1.9 mi
Worcester (Framingham/Worcester Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 5 min - 2.1 mi
AirportDriveWalkDistance
Worcester Regional 10 min - 4.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes
Jonathan Silver 818-416-2800 Sands Investment Group Santa Monica, LLC
Jonathan Silver 818-416-2800 Sands Investment Group Santa Monica, LLC