54 Elliott St - Drug Store FOR SALE


Beverly, MA 01915- Downtown Beverly
$4,895,000 USD
704-379-1985
54 Elliott St, Beverly, MA for Sale
$4,895,000 USD
Drug Store - FOR SALE
1/5
null | 6.25% Cap Rate

54 Elliott St
Beverly, MA 01915
Downtown Beverly


HIGHLIGHTS

  • Absolute net lease | Zero landlord responsibilities | Desirable lease term | 12 years remaining
  • Top-performing store | Ranks in the 85th percentile nationwide for number of visits via Placer.ai
  • Affluent surrounding area | $134,463 average household income within a 3-mile radius
  • Great visibility & access from Elliot St & Rantoul St | Signalized corner intersection | 24,000 VPD
  • Located inside of dense retail corridor | 1.6M SF within a 2-mile radius
  • Attractive population density within a 5-mile radius | 179,830 residents

OVERVIEW

Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Walgreens in Beverly, MA. We welcome your review of this attractive investment.

FOR SALE DETAILS

PRICE

$4,895,000 USD

PRICE/SF

$349 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,416 SF

ZONING

Commercial

APN/PARCEL ID

BEVE-000020-000230

ASK ABOUT THIS PROPERTY

Ransome FooseBerkeley Capital AdvisorsMore Info
704-379-1985

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Ransome FooseBerkeley Capital AdvisorsMore Info
704-379-1985

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