TGI Fridays
$4,088,000
2 Hawes Way, Stoughton, MA 02072
For Sale
Retail
Restaurant
Active
Last Updated: 11/05/2021
6.85
Cap Rate
280,000
NOI
Details:
Cap Rate: 6.85%
NOI: $280,000
Building Size: 5,900 sqft
Lot Area: 3.03 acres
Lease Type: Ground
Year Built: 2008
Tenancy: Single
Highlights:
- Corporate NNN Lease with Desirable Increases and Rare Lease Exension During COVID Pandemic
- Affluent and Densely Populated Trade Area
- Adaptable Real Estate Provides Long-Term Value
- Desirable Retail Location in a Strong Regional Trade Area
- Signalized Hard Corner with Excellent Traffic, Visibility and Close Proximity to Major Arterial Route
- Long-Term History at Site with Limited Competition from National Restaurant Chains
Description:
Mid-America Real Estate Corporation, in cooperation with The Dartmouth Company, a licensed Massachusetts broker, is pleased to present TGI Fridays located at 2 Hawes Way in Stoughton, Massachusetts. The site is located approximately 18 miles south of downtown Boston. The property is positioned at a signalized hard corner outlot within the Shoppes at Page Pointe, a retail development anchored by Target and LA Fitness.
Documents:
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TGI_Friday_OM.pdf
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