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.