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Walgreens 121 Main St 14,820 SF Retail Building Foxborough, MA 02035 $7,197,138 CAD ($485.64 CAD/SF) 8% Cap Rate



INVESTMENT HIGHLIGHTS
- Long Term Lease
- Corporate Guarantor
- Strong Demographics
- Zero Management Responsibilities
- Strategic Location
- High Traffic Counts
EXECUTIVE SUMMARY
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the single-tenant, absolute triple-net Walgreens located at 121 Main Street (Unit 6) in Foxboro, Massachusetts (the “Property”). Walgreens has occupied the Property since it was constructed in 2008, and there are 7+ years of term remaining on the lease followed by fifty (50), 1-year renewal option. Walgreens is situated on a highly visible parcel at the junction of Main Street with North Street and Chestnut Street within the Shops at Chestnut Green shopping center. The location is less than a mile from Foxboro’s downtown area and is in close proximity to the town’s schools and municipal offices. The Property is between US Route 1 (1.5 miles) and Interstate 95 (2.5 mile), offering excellent regional connectivity and convenient accessibility. Additionally, Walgreens is just over a mile from Patriot Place, a 1.3 million square-foot lifestyle center, and Gillette Stadium, home of the New England Patriots.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
14,820 SF
Building Class
B
Year Built
2008
Price
$7,197,138 CAD
Price Per SF
$485.64 CAD
Cap Rate
8%
NOI
$575,771 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.90 AC
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Walgreens
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Walgreens | Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | FOXB-000054-000000-001483 | Improvements Assessment | $5,980,784 CAD |
| Land Assessment | $3,851,054 CAD | Total Assessment | $9,831,838 CAD |
PROPERTY TAXES
Parcel Number
FOXB-000054-000000-001483
Land Assessment
$3,851,054 CAD
Improvements Assessment
$5,980,784 CAD
Total Assessment
$9,831,838 CAD
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Walgreens | 121 Main St
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