790-800 Waverly Rd - Retail FOR SALE
North Andover, MA 01845 |
790-800 Waverly Rd
North Andover, MA 01845
HIGHLIGHTS
- WALGREENS CORPORATE GUARANTY | INVESTMENT GRADE CREDIT (S&P: BBB) | $132.51 BILLION IN FY 2021 | 18,500+ LOCATIONS
- PETCO CORPORATE GUARANTY | PUBLICLY TRADED COMPANY (NYSE: WOOF) | $5.81 BILLION IN REVENUE | 1,500+ LOCATIONS
- 8.4 YEARS OF WEIGHTED AVERAGE LEASE TERM REMAINING | WALGREENS HAS 10+ YEARS OF FIRM TERM REMAINING + OPTIONS | PETCO HAS 5.1 YEARS REMAINING PLUS 2 (
- PASSIVE LEASES | WALGREENS LEASE IS ABSOLUTE NNN AND ACCOUNTS FOR 64% OF THE NOI
- AFFLUENT MASSACHUSETTS LOCATION 22 MILES NORTH OF BOSTON | PROMINENT HUB FOR BLUE CHIP SCIENCE AND TECHNOLOGY COMPANIES
- DOMINANT RETAIL LOCATION WITH HIGH TRAFFIC FRONTAGE | AFFLUENT AND STABLE DEMOGRAPHICS IN THE IMMEDIATE TRADE AREA
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
25745
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
113
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
NAND-000270-000016
