2 Technology Dr - Veterinarian/Kennel FOR SALE


Tyngsboro, MA 01879- Tyngsborough
$4,782,130 USD
781-776-4003
2 Technology Dr, Tyngsboro, MA for Sale
$4,782,130 USD
Veterinarian/Kennel - FOR SALE
1/5
null | 7.5% Cap Rate

2 Technology Dr
Tyngsboro, MA 01879
Tyngsborough


HIGHLIGHTS

  • Long Term Lease
  • Substantial Rent Increases
  • Corporate Lease
  • Zero Landlord Responsibilities
  • Strategic Location
  • Recession & E-Commerce Resistant Tenant

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee simple interest in a Best Friends Pet Care located at 2 Technology Drive in Tyngsboro, Massachusetts (the “Property”). The build-to-suit Property was constructed in 2018 and Best Friends Pet Care has 8+ years remaining on their Absolute NNN lease with three (3), 5-year renewal options. The lease features attractive 1.5% annual rent increases throughout the primary lease term and renewal options. Best Friends Pet Care is located at the intersection of Technology Drive and Middlesex Road (MA Route 3A), one of the area’s primary commuter corridors. The Property has outstanding frontage and visibility along MA Route 3A and offers convenient access to MA Route 113 (0.7-miles) and US Highway 3 (1.3-miles). Best Friends Pet Care is ideally situated between Lowell, MA and Nashua, NH and is perfectly positioned to meet the needs of the two large metropolitan areas.

FOR SALE DETAILS

PRICE

$4,782,130 USD

PRICE/SF

$526 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Friends Pet Care

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.93 AC

LAND SF

127,631 SF

ZONING

I1

APN/PARCEL ID

TYNG-000021-000023-000001D

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.