10 Cape Rd - Retail FOR SALE


Taunton, MA 02780
$2,300,000 USD
617-239-3600
10 Cape Rd, Taunton, MA for Sale
$2,300,000 USD
Retail - FOR SALE
1/6
null | Request Cap Rate

10 Cape Rd
Taunton, MA 02780


OVERVIEW

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Southway Village, a 17,342 SF multi-tenant strip center located at 10 Cape Road in Taunton, MA. The property is anchored by Advance Auto Parts and Rent-A-Center, with one 6,842 SF vacancy that provides a clear path for upside through a targeted lease up. Both tenants have operated at the property long termAdvance Auto Parts since 2011 and Rent-ACenter since 1996 demonstrating durable tenancy and consistent customer draw. Rent-A-Center recently executed an early five-year extension with a rent increase and added renewal options, while Advance Auto Parts remains committed through 2026 with two five-year options and scheduled escalations. These actions highlight tenant stability and strong confidence in the location. The property offers investors both near-term leasing upside and strengthened income durability from credit tenants with long operating histories at the center. With a current NOI of $115,993 and priced at $2,300,000, Southway Village represents a compelling opportunity to acquire a well-located necessity-based retail asset in a dense, high-traffic corridor.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$131 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Southway Village

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

79

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

HIWABZ

APN/PARCEL ID

TAUN-000056-000115

ASK ABOUT THIS PROPERTY

Danny GriffinAtlantic Capital PartnersMore Info
617-239-3600

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Danny GriffinAtlantic Capital PartnersMore Info
617-239-3600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.