121 Main St - Drug Store FOR SALE


Foxborough, MA 02035
$5,187,500 USD
781-776-4003
121 Main St, Foxborough, MA for Sale
$5,187,500 USD
Drug Store - FOR SALE
1/7
null | 8% Cap Rate

121 Main St
Foxborough, MA 02035


HIGHLIGHTS

  • Long Term Lease
  • Zero Management Responsibilities
  • Corporate Guarantor
  • Strategic Location
  • Strong Demographics
  • High Traffic Counts

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the single-tenant, absolute triple-net Walgreens located at 121 Main Street (Unit 6) in Foxboro, Massachusetts (the “Property”). Walgreens has occupied the Property since it was constructed in 2008, and there are 7+ years of term remaining on the lease followed by fifty (50), 1-year renewal option. Walgreens is situated on a highly visible parcel at the junction of Main Street with North Street and Chestnut Street within the Shops at Chestnut Green shopping center. The location is less than a mile from Foxboro’s downtown area and is in close proximity to the town’s schools and municipal offices. The Property is between US Route 1 (1.5 miles) and Interstate 95 (2.5 mile), offering excellent regional connectivity and convenient accessibility. Additionally, Walgreens is just over a mile from Patriot Place, a 1.3 million square-foot lifestyle center, and Gillette Stadium, home of the New England Patriots.

FOR SALE DETAILS

PRICE

$5,187,500 USD

PRICE/SF

$350 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.9 AC

LAND SF

82,764 SF

ZONING

-

APN/PARCEL ID

FOXB-000054-000000-001483

ASK ABOUT THIS PROPERTY

Robert HorvathHorvath & TremblayMore Info
781-776-4003

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Robert HorvathHorvath & TremblayMore Info
781-776-4003

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