About This Restaurant
Investment Highlights
100% leased to Walgreens with 7+ years committed base term remaining Property is across the street from Big Y Supermarket, Dollar Tree, and the US Post Office Totally passive investment with no landlord responsibilities Strong location within the trade area sited at a signalized hard corner Excellent visibility and access
Executive Summary
The KeyPoint Investment Sales Team has been exclusively engaged to sell the fee simple interest in 171 West Street (Route 32), in Ware, MA, which is NNN leased to Walgreens through June 2081. This passive investment has no landlord responsibilities. Walgreens has termination rights commencing in August 2031 (7+ years). Ware is centrally located within the state about equidistant (25 miles) from Springfield to the west and Worcester to the east. The 1.64 acre site is positioned at a signalized hard corner and is improved with a highly visible 14,550 SF building with a drive thru pharmacy. A busy US Post office is on the opposite corner. There are numerous name brand retailers in the immediate vicinity including Big Y Supermarket, Dollar Tree, Family Dollar, McDonald?s, Napa Auto Parts, Cumberland Farms, CVS, and Rite Aid.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Retail
- Building Size 14,550
- Building Class B
- Year Built 2006
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.13
- Land Acres 2.58 AC
Property Taxes
| Parcel Number | WARE-000055-000000-000062 | Improvements Assessment | $126,800 |
| Land Assessment | $2,051,200 | Total Assessment | $2,178,000 |
| Date Created: | 2024-07-16 04:16:16 | Last Updated: | 2024-07-16 04:16:16 |
| Address: | 167-171 West St , Ware, Massachusetts, 01082 | ||