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Citizens Bank | Foxborough, Massachusetts

$3,310,000

4 Cocasset Street, Foxborough, MA 02035

Active
Last Updated: 06/09/2023

5.06

Cap Rate

167,500

NOI

Details:
Cap Rate:    5.06%
NOI:    $167,500
Building Size:    3,600 sqft
Lot Area:    0.55 acres
Lease Type:    Double Net
Year Last Renovated:    2023
Highlights:
  • New Branch Relocation in Market
  • Financial Services Consumer Base
  • Investment Grade Tenancy
  • Recently Renovated
  • Long-Term Corporate Lease
  • High Deposit Forecast
Description:

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of the Citizens Bank | Foxborough, Massachusetts. This 3,600 SF single tenant bank asset is a relocation for Citizens Bank within the market, bringing a strong deposit and servicing a strong existing customer base in the submarket. The property is situated on a high visibility corner in the densely populated downtown Foxborough market.

The property is being offered for sale at $3,310,000, a 5.06% cap rate.

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Offering Memorandum
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