97 Union St - Convenience Store FOR SALE


Easthampton, MA 01027
$1,809,523 USD
714-336-4737
97 Union St, Easthampton, MA for Sale
$1,809,523 USD
Convenience Store - FOR SALE
1/3
null | 5.25% Cap Rate

97 Union St
Easthampton, MA 01027


HIGHLIGHTS

  • New 10 Yr Lease Extension | 40+ Years of Operating History Showing Strong Commitment To Site
  • Scheduled Rent Growth
  • Established National Tenant
  • Corner Lot Convenience Retail Site

OVERVIEW

Surmount is pleased to present the exclusive listing for a 7-Eleven located at 97 Union Street, Easthampton, MA 01027. The site consists of roughly 2,432 rentable square feet of building space on an estimated .54-acre parcel of land. 7-Eleven is subject to a new 10-year Triple Net (NNN) lease extension, which commenced 9/10/1982. The current annual rent is $95,000 and has scheduled increases of 10.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$1,809,523 USD

PRICE/SF

$744 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

DB

APN/PARCEL ID

EHAM-000053-000018

ASK ABOUT THIS PROPERTY

Cade KearnSurmountMore Info
714-336-4737

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

Cade KearnSurmountMore Info
714-336-4737

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