STNL Monro Muffler Brake & Service Center

450 Walpole Street, Norwood, MA

For Sale

Retail

$1,252,174

Price

Overview

Cap Rate

5.75%

NOI

$72,000

Building Size

4,085 sqft

Lot Area

0.36 acres

Occupancy

100%

Lease Type

Triple Net

Year Built

1990

Tenancy

Single

Investment Strategy

Core

Lease Expire Year

06/2030

Offered by Broker

Rick Barnes

Principal

CIC Real Estate Advisors

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Description

Centrally located in Norwood, Massachusetts, (Boston MSA Population 4.7 million). The property is 100% leased to Monro Muffler & Brake Inc., with over 12 years remaining on the base term. 5% Increases coming in 2020 and a 10% increase in 2025.

Highlights

Signalized corner
Across from Rite Aid
Pad site to grocery anchored retail center

Documents

	Title
	Brochure

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