32-44 Howland Rd - Freestanding FOR SALE


Fairhaven, MA 02719
$2,679,879 USD
781-776-4003
32-44 Howland Rd, Fairhaven, MA for Sale
$2,679,879 USD
Freestanding - FOR SALE
1/5
null | 7% Cap Rate

32-44 Howland Rd
Fairhaven, MA 02719


HIGHLIGHTS

  • Long Term Leases
  • Net Leases & Rent Increases
  • Strong Anchor Tenant
  • Prime Retail Location
  • Traffic Counts
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Dunkin’ Plaza located at 32 Howland Road in Fairhaven, Massachusetts (the “Property”). The Property is improved by a 10,169 square foot building on 0.67-acres of land. The retail plaza is 100% occupied and is home to five (5) tenants including Dunkin’, Connoly’s Liquor, Leap of Faith Dance Studio, New York Life Insurance, and Cuticles Nails. Dunkin’ has a long operating history at this property, and the four other tenants are well known throughout the area. Three of the tenants have net leases and reimburse their pro-rata share of real estate taxes, insurance, and common area maintenance. The Dunkin’ Plaza is well located at the intersection of Sycamore Street and Howland Road, one of the area’s primary commuter corridors. Dunkin’ Plaza enjoys outstanding frontage, visibility, and access along Howland Road and is 0.4-miles from Interstate 195, 1.3 miles from US Route 6, and 2 miles from MA Route 240. The Property is situated in the northwest corner of Fairhaven and is surrounded by dense residential neighborhoods providing a built-in customer base. The Property also enjoys convenient access to area schools, municipal offices, and national retailers that drive traffic to the area. Fairhaven is situated along the shores of Buzzards Bay in southeastern Massachusetts and is approximately 1-mile east of New Bedford, 30-miles east of Providence, RI and 55 miles south of Boston.

FOR SALE DETAILS

PRICE

$2,679,879 USD

PRICE/SF

$261 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dunkin' Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

RA

APN/PARCEL ID

FAIR-000019-000000-000243A

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 Notice.