401 Technology Center Dr - Restaurant FOR SALE


Stoughton, MA 02072
$3,865,000 USD
972-755-5198
401 Technology Center Dr, Stoughton, MA for Sale
$3,865,000 USD
Restaurant - FOR SALE
1/4
null | 6.15% Cap Rate

401 Technology Center Dr
Stoughton, MA 02072


HIGHLIGHTS

  • Corporate Olive Garden | Absolute Net Lease With Annual Rent Increases
  • Located Just Off MA Route 24 (125,061 VPD) Less Than 15 Miles From Downtown Boston
  • 162,688 Residents and 165,494 Daytime Population Within 5 Miles | $125K Average Household Income
  • Large 1.37-Acre Parcel
  • Next to Page Pointe Shopping Mall (Target, LA Fitness, TGI Fridays) and Numerous Big Box Stores (IKEA, Costco, BJ’s Wholesale Club)
  • Boston Metro Area (4.9M Residents) – Added 110,000+ Residents Since 2010

OVERVIEW

Offered for sale is the opportunity to acquire an absolute net lease Olive Garden in Stoughton, MA. The property consists of a 7,685-square-foot, freestanding building that sits on approximately 1.37 acres of land. There are 5 years remaining on the lease with 1% rental increases annually. Broker of Record Thomas Shihadeh 100 High Street, Suite 1025 Boston, MA 02110 (617) 896-7250 Thomas.Shihadeh@marcusmillichap.com License: 1000485

FOR SALE DETAILS

PRICE

$3,865,000 USD

PRICE/SF

$503 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Olive Garden

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

HB

APN/PARCEL ID

STOU-000096-000053

ASK ABOUT THIS PROPERTY

Luke SullivanMarcus & MillichapMore Info
972-755-5198

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Luke SullivanMarcus & MillichapMore Info
972-755-5198

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