50 W Center St - Fast Food FOR SALE


Lee, MA 01238
$1,056,000 USD
781-862-9700
50 W Center St, Lee, MA for Sale
$1,056,000 USD
Fast Food - FOR SALE
1/14
null | 6.25% Cap Rate

50 W Center St
Lee, MA 01238


HIGHLIGHTS

  • A multi-unit franchisee operates this Domino’s location which opened for business in 2024 after substantial interior & exterior building renovations.
  • The lease currently has 14 +/- years remaining with an expiration date of June 30, 2039. The lease is personally guaranteed.
  • This well-located and highly visible property is located on the heavily traveled W Center Street next to Lucky’s Ice Cream, Mobil and Joe’s Diner.
  • This property has great frontage, ample parking, and convenient access.
  • 50 W Center Street also benefits from being across the street from a new 131+/- unit multi-family residential complex.
  • Also benefits from retail traffic driven by neighboring businesses including Carr Hardware, Henry’s Electric & Appliances and more.

OVERVIEW

Opportunity to purchase this Domino’s NNN leased investment property located at 50 W Center Street, Lee, MA. A multi-unit franchisee operates this Domino’s location which opened for business in 2024 after substantial interior and exterior building renovations to this retail building. This new Domino’s features the pizza theater store design which is an open concept that allows customers to watch their pizza being made. The location offers carryout, delivery and features a pickup window for carryout customers who want a quick grab-and-go option after placing their order online or over the phone. The lease currently has 14 +/- years remaining with an expiration date of June 30, 2039. The lease is personally guaranteed. This well-located and highly visible property is located on the heavily traveled W Center Street (Route 2) next to Lucky’s Ice Cream, Mobil and Joe’s Diner. This property has great frontage, ample parking, and convenient access. 50 W Center Street also benefits from being across the street from a new 131+/- unit multi-family residential complex and retail traffic driven by neighboring businesses including Carr Hardware, Henry’s Electric & Appliances and more.

FOR SALE DETAILS

PRICE

$1,056,000 USD

PRICE/SF

$677 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Domino's NNN Investment - Lee, MA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,215 SF

ZONING

CBC

APN/PARCEL ID

LEEE-000012-A000000-000000-000900-000900

ASK ABOUT THIS PROPERTY

Chris McMahonSummit Realty PartnersMore Info
781-862-9700

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Chris McMahonSummit Realty PartnersMore Info
781-862-9700

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