This Property is no longer advertised on Showcase.com.
Off Market
1/9

564 Broadway
Saugus, MA 01906


HIGHLIGHTS

  • Corporately Owned and Operated Mavis Discount Tire
  • Extremely Strong Lease Guarantee by TBC Corporation and Sumitomo Corporation
  • Absolute Triple Net Lease with Zero Landlord Responsibilities
  • Cumulative CPI Rent Escalations Capped at 12%, every 5 Years
  • Five, 5 Year Tenant Renewal Options
  • Heavily trafficked area on famous US Highway 1, and over 115,000 Vehicles passing the site daily

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Mavis Tire -Boston MSA, 115,000 VPD Traffic

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

6762

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

-

APN/PARCEL ID

SAUG-000012D-000006-000002