152 Endicott St - Retail FOR SALE


Danvers, MA 01923- Danvers MA
$11,171,133 USD
617-865-1145
152 Endicott St, Danvers, MA for Sale
$11,171,133 USD
Retail - FOR SALE
1/2
null | 6% Cap Rate

152 Endicott St
Danvers, MA 01923
Danvers MA


HIGHLIGHTS

  • Brand New Long-Term 10 Year Lease with 2% Annual Rent Increases Fidelity Investments is subject to a brand new long-term 10-year lease
  • Strong Credit Tenant Fidelity Investments is one of the largest asset managers in the world
  • Fidelity Relocation Branch This site is a relocation branch from a Fidelity less than a half-mile down the road on Endicott St.

OVERVIEW

Surmount is pleased to present the exclusive listing for a Fidelity Investments located at 152 Endicott St, Danvers, MA 01923. The site consists of roughly 10,988 rentable square feet of building space on an estimated 1.33-acre parcel of land. This Fidelity Investments is subject to a 10-year Double Net (NN) lease, which commenced 6/5/2025. The current annual rent is $670,268 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$11,171,133 USD

PRICE/SF

$745 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fidelity Investments

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

C3

APN/PARCEL ID

DANV-000063-000000-000014

ASK ABOUT THIS PROPERTY

Josh KanterSurmountMore Info
617-865-1145

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Josh KanterSurmountMore Info
617-865-1145

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