432-504 John Fitch Hwy - Retail FOR SALE
Fitchburg, MA 01420 |
432-504 John Fitch Hwy
Fitchburg, MA 01420
HIGHLIGHTS
- Immediate Upside: Featuring a current occupancy of 79%, John Fitch Plaza affords future ownership the ability to drive NOI via a programmatic leasing
- Exceptional Outparcel Tenancy: Eight (8) separate traffic generating outparcels contribute over 40% of the current total revenue
- Well Positioned Asset: Situated along John Fitch Highway (16,935 VPD), the dominant retail corridor servicing the local community
- Located 39.5 miles northwest of downtown Boston, the asset features three-mile population counts of approximately 51,910 people with an average HH
- Attractive Basis: John Fitch Plaza is expected to trade significantly below replacement cost
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Value-Add Harbor Freight Center | 8 Outparcel
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Auto Repair, Bank, Storefront
TOTAL BUILDING SIZE
154035
STORIES
1
YEAR BUILT
1960
SPRINKLERS
-
PARKING SPACES
924
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
FITC-000048-000001,LUNE-000950-000023
