10 Silver St - Service FOR SALE


Greenfield, MA 01301
$2,950,000 USD
310-486-9900
10 Silver St, Greenfield, MA for Sale
$2,950,000 USD
Service - FOR SALE
1/3
null | 6.46% Cap Rate

10 Silver St
Greenfield, MA 01301


HIGHLIGHTS

  • Long-Term Absolute Net Lease
  • Corporate-Backed Tenancy
  • Prime Greenfield Commercial Corridor Location
  • High-Traffic Regional Connectivity

OVERVIEW

Marcus & Millichap is pleased to present Town Fair Tire at 10 Silver Street, Greenfield, MA, a rare opportunity to acquire a long-term, absolute net lease backed by one of the Northeast’s most established automotive service brands and guaranteed by Mavis Tire Express Services TopCo Corp., a national operator with 2,300+ locations. The property sits along the Federal Street/Silver Street commercial corridor, a primary north–south artery serving Greenfield and the broader Franklin County region. The site benefits from strong visibility, convenient access, and on-site parking, capturing both local residents and regional commuter traffic. The asset is strategically positioned within an established retail and service trade area supported by national brands, local businesses, healthcare providers, and schools. Its proximity to Interstate 91, a major regional connector, further enhances daily traffic exposure and long-term demand for automotive services. Greenfield serves as the county seat and a stable regional hub with a diversified employment base, reinforcing the property’s durable income profile. With ±18.5 years remaining on an absolute NNN lease, 5% rent increases every five years, and six 5-year renewal options, the property delivers predictable, passive income with zero landlord responsibilities. The offering provides investors with a high-quality, inflation-resistant income stream in a supply-constrained New England market.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$176 USD /SF

CAP RATE

6.46%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Town Fair Tire | 18.5-Year Absolute NNN

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

12

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.59

LAND SF

25,700

ZONING

GC

APN/PARCEL ID

GREE-000023R-000063TU000010,GREE-000107-000044,GRFL-000023R-000063TU000010

ASK ABOUT THIS PROPERTY

Robert NarchiMarcus & MillichapMore Info
310-486-9900

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Robert NarchiMarcus & MillichapMore Info
310-486-9900

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