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Fidelity Investments 152 Endicott St 10,988 SF 4-Star Retail Building Danvers, MA 01923 $15,594,008 CAD ($1,419.19 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New Long-Term 10 Year Lease with 2% Annual Rent Increases Fidelity Investments is subject to a brand new long-term 10-year lease
- Fidelity Relocation Branch This site is a relocation branch from a Fidelity less than a half-mile down the road on Endicott St.
- Strong Credit Tenant Fidelity Investments is one of the largest asset managers in the world
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Fidelity Investments located at 152 Endicott St, Danvers, MA 01923. The site consists of roughly 10,988 rentable square feet of building space on an estimated 1.33-acre parcel of land. This Fidelity Investments is subject to a 10-year Double Net (NN) lease, which commenced 6/5/2025. The current annual rent is $670,268 and has scheduled increases of 2.00% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
10,988 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$15,594,008 CAD
Price Per SF
$1,419.19 CAD
Cap Rate
6%
NOI
$935,641 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.24 AC
Zoning
C3 - Commercial zoning
Frontage
87’ on Endicott Street
AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | DANV-000063-000000-000014 | Improvements Assessment | $5,640 CAD |
| Land Assessment | $5,186,103 CAD | Total Assessment | $5,191,743 CAD |
PROPERTY TAXES
Parcel Number
DANV-000063-000000-000014
Land Assessment
$5,186,103 CAD
Improvements Assessment
$5,640 CAD
Total Assessment
$5,191,743 CAD
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Fidelity Investments | 152 Endicott St
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