TGI Fridays

2 Hawes Way, Stoughton, MA

   SOLD!   

$4,088,000

Price

6.85%

Cap Rate

$280,000

NOI

Overview
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
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.

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
Documents
Title
TGI_Friday_OM.pdf
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Location
Gallery