7 Washington St - Drug Store FOR SALE


Taunton, MA 02780
$2,007,910 USD
918-494-2690
7 Washington St, Taunton, MA for Sale
$2,007,910 USD
Drug Store - FOR SALE
1/3
null | Request Cap Rate

7 Washington St
Taunton, MA 02780


HIGHLIGHTS

  • Zero Cash Flow Structure with Paydown/Readvance
  • Dominant Retail Pharmacy Brand with Investment Grade Guaranty
  • Strategic Location with Strong Demos
  • Absolute Net Lease - No Responsibilities
  • 100% Depreciation Benefits on the Leasehold Interest

OVERVIEW

$451,389 Equity Down (29% Over Debt) Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire the leasehold interest in a single-tenant CVS Pharmacy location in Taunton, Massachusetts. The absolute net lease structure provides for a passive, secure investment with no responsibilities for the Landlord. The Property features non-recourse, zero cash flow structured financing that is readily assumable. The structure is ideal for tax-deferred 1031/1033 exchange buyers or non-exchange buyers seeking passive losses that may be used to offset income from other real estate investments. In Association With Phillip C. Tomlinson MA Lic #150418

FOR SALE DETAILS

PRICE

$2,007,910 USD

PRICE/SF

$152 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

CVS Pharmacy (Zero Cash Flow)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.62 AC

LAND SF

70,567 SF

ZONING

-

APN/PARCEL ID

TAUN-000065-000138

ASK ABOUT THIS PROPERTY

Zach PoolNorthmarqMore Info
918-494-2690

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Zach PoolNorthmarqMore Info
918-494-2690

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