891 Main St - Drug Store FOR SALE


Woburn, MA 01801- North Woburn
$11,595,104 USD
617-865-1146
891 Main St, Woburn, MA for Sale
$11,595,104 USD
Drug Store - FOR SALE
1/3
null | 6.25% Cap Rate

891 Main St
Woburn, MA 01801
North Woburn


HIGHLIGHTS

  • Investment Grade - Corporate Guarantee
  • High-Traffic Main Street Corridor | +24,000 Vehicles Per Day
  • $156,000+ Average Household Income
  • Established National Retail Corridor
  • Strong Consumer Spending Fundamentals
  • Affluent Greater Boston Community

OVERVIEW

Surmount is pleased to present the exclusive listing for a CVS Pharmacy located at 891 Main Street, Woburn, MA 01801. The site consists of roughly 13,013 rentable square feet of building space on an estimated 2.05-acre parcel of land. CVS Pharmacy is subject to a 25.35-year Double Net (NN) lease, which commenced 9/30/2013. The current annual rent is $724,694 and has scheduled increases of 10.00% Every First Options, 5.00% Every Last Options.

FOR SALE DETAILS

PRICE

$11,595,104 USD

PRICE/SF

$879 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS Pharmacy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.05 AC

LAND SF

89,298 SF

ZONING

B-H

APN/PARCEL ID

WOBU-000018-000007-000026

ASK ABOUT THIS PROPERTY

Kevin BurkeSurmountMore Info
617-865-1146

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Kevin BurkeSurmountMore Info
617-865-1146

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