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Executive Summary

Exceptional opportunity. 4.4 acres of land with current long-term tenant (approx. 23 years) with rental escalation in option. Absolute Triple Net (NNN) Lease at no expense to Seller. High visibility/traffic location on Route MA-3 & major thoroughfare. Excellent steady income. Possible subdividable lot for future development opportunities. Motivated Seller. Contact Listing Agent for further information.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
13,743 SF
Building Class
B
Year Built
2000
Price
$9,573,900 CAD
Price Per SF
$696.64 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
4.40 AC
Zoning
5 - Commercial
Parking
52 Spaces (3.78 Spaces per 1,000 SF Leased)
Frontage
157’ on Concord
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Nearby Major Retailers

CrossFit
Santander

Property Taxes

Property Taxes

Parcel Number
BILL-000077-000165
Land Assessment
$1,630,162 CAD
Improvements Assessment
$4,382,384 CAD
Total Assessment
$6,012,546 CAD
  • Listing ID: 31095690

  • Date on Market: 2024-03-01

  • Last Updated:

  • Address: 262 Concord Rd, Billerica, MA 01821

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