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2 Oakham Rd

North Brookfield, MA 01535

$1,775,211

General Retail For Sale  •  7,489 Sq Ft

Property Details

  • Property Type General Retail
  • Total Building Size 7,489 Sq Ft
  • Lot Size 0.99 ac
  • Year Built 2018
  • Cap Rate 6.35 %
  • Tenancy Single
0 Transit Score
18 Walk Score

Description

Venture Retail Partners is pleased to offer for sale the fee simple interest in this new construction freestanding Dollar General in North Brookfield, Massachusetts. Dollar General opened in June 2018 and features an "upgraded" facade. The property is strategically located on State Route 148 (Oakham Road), one parcel off the intersection of State Route 67 in downtown North Brookfield. Surrounding retailers and traffic generators include: Vibram Corporate Plant (250+ Employees), North Brookfield Junior/Senior High School, North Brookfield Elementary School, USPS, Subway, North Brookfield Savings Bank, Hannaford Supermarket, Cumberland Farms, among others. Dollar General also benefits from limited competition in the trade area - with the closest national discount store being located over 8 miles away. 

North Brookfield is located in Worcester County in Central Massachusetts, approximately 13 miles miles west of Worcester and only 50 miles west of downtown Boston. Worcester is the 2nd largest City in Massachusetts with a population of over 184,000 people. Massachusetts has one of the nation's strongest and most vibrant economies and is a national leader in the fields of Health Care, Education, Technology, and Financial Services, among others. There are more than 15,000 people living within 5 miles of the property, with an average household income of just under $90,000/year.

Highlights

New Construction Absolute NNN Lease
The subject property is located in Worcester County, Massachusetts, only 13 miles west of the City of Worcester and 50 miles west of downtown Boston
There is a population of more than 15,000 people living within 5 miles of the property, with an average household income of just under $90,000.00
The Dollar General building features an "upgraded" facade
Massachusetts has a population of over 6.6 million people
Dollar General benefits from limited competition within the trade area - with the closest national discount chain store being located 8+ miles away

Property Flyers

Cap Rate: 6.35 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General 7,489 SF 7/31/2033
Andrew Callahan 857-957-0734 Venture Retail Partners
Andrew Callahan 857-957-0734 Venture Retail Partners