STNL Monro Muffler Brake & Service Center

$1,252,174

450 Walpole Street, Norwood, MA 02062

For Sale

Retail

Active

Last Updated: 04/29/2021

Details:

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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Highlights:

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

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.

Documents:

	Title
	Brochure

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Location

Gallery