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Walgreens 121 Main St 14,820 SF Retail Building Foxborough, MA 02035 $7,091,572 CAD ($478.51 CAD/SF) 8% Cap Rate

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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.