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Starbucks | UPS | IC Credit Union 10 Jungle Rd 6,823 SF 100% Leased Retail Building Leominster, MA 01453 $7,306,678 CAD ($1,070.89 CAD/SF) 6.25% Cap Rate



Investment Highlights
- New Construction
- Minimal Landlord Responsibilities
- Strategic Retail Location
- Attractive Rent Increases
- Corporate Guaranteed Lease
- Strong Demographics
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to acquire the fee simple interest in the three-tenant plaza located at 10-16 Jungle Road in Leominster, Massachusetts (the “Property”). The newly constructed, three-tenant plaza is improved with Starbucks, UPS, and IC Credit Union and contains 6,823 square feet on a 1.41-acre parcel. Starbucks has a new 10-year lease with four (4), 5-year renewal options, UPS has a 10-year lease with two (2), 5-year renewal options, and IC Credit Union signed a 20-year lease with four (4), 5-year renewal options. All three leases call for attractive rent increases throughout the primary lease terms and at the start of each of the renewal option periods. The Plaza is positioned within an established commercial area and is shadow anchored by a nearby Walmart Supercenter and is surrounded by national and regional retailers and service-oriented businesses that drive traffic to the area. The Property features excellent visibility and just off Interstate 190, providing convenient access to MA Route 2 and connectivity throughout Central Massachusetts and to the Greater Boston market. The site is also convenient to nearby residential neighborhoods, multifamily housing, and area schools, providing a built-in customer base. Leominster is located in Worcester County, approximately 40 miles northwest of Boston.
Property Facts
Sale Type
Investment
Property Type
Building Size
6,823 SF
Building Class
B
Year Built
2025
Price
$7,306,678 CAD
Price Per SF
$1,070.89 CAD
Cap Rate
6.25%
NOI
$456,667 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.41 AC
Amenities
- Bus Line
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- IC Credit Union
- -
- -
- -
- -
- Starbucks
- -
- -
- -
- Aug 2035
- UPS
- -
- -
- -
- Nov 2035
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| IC Credit Union | - | - | - | - | ||
| Starbucks | - | - | - | Aug 2035 | ||
| UPS | - | - | - | Nov 2035 |
Nearby Major Retailers
Property Taxes
| Parcel Number | LEOM-000300-000013A | Improvements Assessment | $0 CAD |
| Land Assessment | $766,385 CAD | Total Assessment | $766,385 CAD |
Property Taxes
Parcel Number
LEOM-000300-000013A
Land Assessment
$766,385 CAD
Improvements Assessment
$0 CAD
Total Assessment
$766,385 CAD
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Starbucks | UPS | IC Credit Union | 10 Jungle Rd
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