310-888-6349
196 E Main St, Milford, MA for Sale
Retail - FOR SALE
1/8
null | Request Cap Rate

196 E Main St
Milford, MA 01757


OVERVIEW

Atlantic Capital Partners has been exclusively engaged to market for sale Quarry Square, a stabilized strip center located in Milford, MA anchored by local fitness and restaurant operators. The 8.6-acre asset is ideally situated along East Main Street, the submarket’s dominant artery that connects Milford to I-495, the major North-South thoroughfare that connects the major markets of Worcester and Lowell to I-90 and Boston. Totaling 56,004 square feet, Quarry Square is presently 100% leased to 17 retail tenants with 14.2 years of weighted average existing lease term. The offering allows investors to pursue one of the most sought-after asset classes – strip centers – while realizing returns through vacant and mark-to-market leasing opportunities. The leasing opportunities are tempered by the longevity of existing tenancy and unique Tenant use types in this market given rents are below market. Quarry Square is being offered without a formal asking price, free and clear of existing debt.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quarry Square Shopping Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

1200

LAND DETAILS

LAND ACRES

7.28 AC

LAND SF

317,117 SF

ZONING

IB

APN/PARCEL ID

MILF-000032-000098-000017C

ASK ABOUT THIS PROPERTY

Brian HsiehAtlantic Capital PartnersMore Info
310-888-6349

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Brian HsiehAtlantic Capital PartnersMore Info
310-888-6349

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