ATLANTIC AUTOMOTIVE 50 John A Dunn Memorial Dr 2,376 SF Retail Building Rockland, MA 02370 $5,181,908 CAD ($2,180.94 CAD/SF) 7.40% Cap Rate

Atlantic Automotive presents a rare opportunity to acquire a high-traffic, multi-revenue commercial asset located at 50 John A. Dunn Memorial Drive in Rockland, MA. Listed at $3.8M, this 21,283 SF BUSINE-zoned parcel sits in a prime location adjacent to a CVS-anchored commercial corridor and features scenic pond views. The property currently operates as the town’s only full-service gas station and serves as a critical local hub, combining a three-bay auto repair shop, a fuel station with an 18,000-gallon capacity, and a state-licensed vehicle inspection center.
A significant competitive advantage of this asset is its exclusive market moat, as it holds the only Class C Heavy Vehicle Inspection license in the region (servicing vehicles up to 25,000 lbs). This high-margin service currently faces zero local competition within a 30-mile radius. In 2025, the business generated a verified gross revenue of $690,616, largely supported by consistent income from regular vehicle inspections and the professional service bays. Despite these strong numbers, the property remains underutilized with substantial "low-hanging fruit" for growth. Currently closing at 4:00 PM daily and selling fewer than 40 cars per year on a 40-capacity lot, a new owner can scale the NOI from ~$197K to a projected $895K within 36 months simply by extending operating hours, activating the vehicle sales lot, and marketing the heavy vehicle license to local fleets.
Investors are presented with two distinct pathways for this property. The first involves operating and optimizing the existing business to reach an estimated exit value of $10M–$11M based on increased cash flow. The second pathway is a strategic redevelopment play; the lot is perfectly positioned for a mixed-use residential project featuring 48–56 units and ground-floor retail. With a projected stabilized value of $18M–$24M, the existing business can continue to generate significant income during the entitlement process, making this one of the most versatile and high-upside opportunities currently available on the South Shore. It is the sole responsibility of the Buyer to conduct their own independent due diligence, verify all financial records, and confirm the feasibility of any proposed redevelopment with the appropriate municipal authorities. The Broker shall not be held liable for any discrepancies or changes in market conditions discovered during the Buyer’s investigation.