3 Liberty Ln

Investment Highlights

Fully leased 17,200 SF retail property Closest chain RX is more than 3.5 miles away Strong CBD location next to Town Hall, Town Library, and commuter rail stop Anchored by Walgreens with 12+ years of committed base term remaining Rare Walgreens rent increases Upscale community located 25 miles southwest of Boston

Executive Summary

The KeyPoint Investment Sales Team has been exclusively engaged to sell the fee simple interest in a Walgreens anchored retail development in Norfolk, MA. Norfolk is an ?upscale? community located 25 miles southwest of Boston. Also known as ?Norfolk Town Commons?, the subject property is comprised of two buildings; a 14,409 SF Walgreens and a 2,791 SF building leased to Sunshine Tomato Pizzeria and Physical Therapy & Sports Rehab, Inc. Walgreens has 12+ years of committed base term remaining.Located at the geographical center of town, the project is designed to be the new ?Downtown. Abutting the property is the recently constructed Town Hall and Library. An MBTA commuter rail train stop, servicing Boston, is adjacent. Strong household income in the trade area coupled with limited existing retail space offers retailers a captive audience with strong purchasing capabilities. The closest chain pharmacy is more than three miles away.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Retail
• Building Size    17,200
• Building Class    B
• Year Built    2009
• Percent Leased    100
• Tenancy    Multiple
• Building Height    1 Story
• Building FAR    0.19
• Land Acres    2.04 AC