Log In/Sign Up
Your email has been sent.
Sun Dynasty Plaza 23-29 S Park Ave 15,258 SF 100% Leased Retail Building Plymouth, MA 02360 $3,702,474 CAD ($242.66 CAD/SF) 6.05% Cap Rate
Investment Highlights
- Below-Market Rental Rates Present Immediate Upside and Opportunity for NOI Growth
- Highly Desirable Location Adjacent to Plymouth Harbor with Strong Regional Draw and Waterfront Accessibility
- Underutilized Space Creates Opportunity for Reconfiguration, Expansion, or Increased Income Generation on 3rd floor
- Short-Term Lease Structure Provides Near-Term Flexibility to Reposition Rents or to negotiate long term leases
- Waterfront Views Enhance Tenant Appeal and Support Long-Term Leasing Demand
- Diversified Multi-Tenant Rent Roll Reduces Reliance on Any Single Occupant and Supports Income Stability
Executive Summary
Broker of Record
Kyle Matthews
License # 1000083-RE-RB (MA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # 1000083-RE-RB (MA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,258 SF
Building Class
C
Year Built
1936
Price
$3,702,474 CAD
Price Per SF
$242.66 CAD
Cap Rate
6.05%
NOI
$224,000 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.59
Lot Size
0.22 AC
Zoning
DH, Plymouth
Parking
50 Spaces (3.28 Spaces per 1,000 SF Leased)
Frontage
106’ on Park
Amenities
- Restaurant
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Amy Gordan
- -
- -
- $23.01 CAD
- Modified Gross
- Jun 2019
- Aristocracy Salon And Day Spa
- Services
- -
- -
- -
- -
- Old Tyme Collections
- Retailer
- -
- $8.92 CAD
- Plus Utilities
- Dec 2014
- Sun Dynasty
- Accommodation and Food Services
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Amy Gordan | - | - | $23.01 CAD | Modified Gross | Jun 2019 | |
| Aristocracy Salon And Day Spa | Services | - | - | - | - | |
| Old Tyme Collections | Retailer | - | $8.92 CAD | Plus Utilities | Dec 2014 | |
| Sun Dynasty | Accommodation and Food Services | - | - | - | - |
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | PLYM-000017-000000-000096B | Improvements Assessment | $2,687,408 CAD |
| Land Assessment | $871,075 CAD | Total Assessment | $3,558,483 CAD |
Property Taxes
Parcel Number
PLYM-000017-000000-000096B
Land Assessment
$871,075 CAD
Improvements Assessment
$2,687,408 CAD
Total Assessment
$3,558,483 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Sun Dynasty Plaza | 23-29 S Park Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.