Atlantic Capital Partners has been exclusively engaged to offer for sale Mell’s Tire & Auto Service | Everett, Massachusetts, a 16,000-square-foot urban infill automotive service asset strategically positioned along Revere Beach Parkway, one of the primary commercial corridors serving Everett and the densely populated communities immediately north of Downtown Boston.?
The Property is uniquely positioned within one of Greater Boston’s most dynamic and rapidly transforming corridors, anchored by the $2.6 billion Encore Boston Harbor Resort, a regional destination that attracts approximately 8–10 million visitors annually and generates over $1 billion in annual gaming revenue.? The resort has catalyzed significant public and private investment throughout Everett, driving new infrastructure, hospitality demand, and sustained increases in traffic and economic activity within the immediate trade area.?
Further enhancing the long-term trajectory of the market, the Kraft Group has advanced plans for a $500 million, 24,000-seat New England Revolution soccer-specific stadium along the Mystic River, just minutes from the Property.? The project includes substantial environmental remediation, waterfront activation, and a publicly accessible 4-acre park, and is expected to deliver meaningful increases in regional visitation, employment, and year-round foot traffic upon anticipated delivery as early as 2027.?
Mell’s Tire recently executed a new 10-year lease commencing August 1, 2025, providing stable in place cash flow with 3% annual rent increases throughout the base term and both renewal options.? The lease structure offers investors durable income growth, limited landlord responsibilities, and exposure to a necessity-based automotive use in a supply constrained Boston infill submarket.? For investors seeking passive income with embedded growth and exposure to a rapidly evolving urban corridor, Mell’s Tire offers an attractive combination of current yield and long-term land value optionality.?