100-106 Front St - Freestanding FOR SALE


Scituate, MA 02066
$6,320,000 USD
332-345-2408
100-106 Front St, Scituate, MA for Sale
$6,320,000 USD
Freestanding - FOR SALE
1/3
null | 6.25% Cap Rate

100-106 Front St
Scituate, MA 02066


HIGHLIGHTS

  • Absolute Triple Net Lease with No Landlord Responsibilities
  • Rare Rental Increases Throughout the Option Periods
  • Corporate Guarantee
  • Located 20 Miles from Downtown Boston
  • Affluent Coastal Location with Extremely High Barriers to Entry
  • 20+ Years of Successful Operations & Recent Lease Extension

OVERVIEW

Surmount is pleased to present the exclusive listing for a CVS Pharmacy located at 104 Front Street, Scituate, MA 02066. The site consists of roughly 12,520 rentable square feet of building space on an estimated .09-acre parcel of land. CVS Pharmacy is subject to a 10-year Triple Net (NNN) lease, which commenced 9/25/2003. The current annual rent is $395,000 and has scheduled increases of 6.00% in options.

FOR SALE DETAILS

PRICE

$6,320,000 USD

PRICE/SF

$505 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS Pharmacy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

B, Scituate

APN/PARCEL ID

SCIT-000050-000007-000016,SCIT-000050-000007-000017

ASK ABOUT THIS PROPERTY

Stewart HickeySurmountMore Info
332-345-2408

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Stewart HickeySurmountMore Info
332-345-2408

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