209 N Main St - Storefront FOR SALE
Andover, MA 01810 |
209 N Main St
Andover, MA 01810
HIGHLIGHTS
- Long-Term Triple-Net (NNN) Master Lease with Stop & Shop
- Rare Ahold Delhaize Guaranty | One of the World’s Largest Grocery Operators | 2019 Revenue was More Than $78 Billion
- Approximately 16 Years Remaining on the Primary Term with Two, Ten-Year Options and Eight, Five-Year Options
- 5% Rental Escalations Every Five Years
- The Property has Been a Grocery Store Since the 1950’s | When Market Basket’s Last Option Period Expired in 2010, Stop & Shop Outbid Market Basket to
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Stop & Shop
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
76439
STORIES
1
YEAR BUILT
1959
SPRINKLERS
-
PARKING SPACES
150
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
ANDO-000037-000007
