Se Connecter/S’inscrire
Votre courriel a été envoyé.
Mell's Tire & Auto Service - Everett, MA 1865 Revere Beach Pky 16 000 pi² Commerce de détail Immeuble Everett, MA 02149 4 731 533 $ CAD (295,72 $ CAD/pi²) 7% Taux de capitalisation
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- NEW 10-YEAR LEASE PROVIDING LONG-TERM CASH FLOW STABILITY
- HIGH-VISIBILITY INFILL LOCATION ALONG REVERE BEACH PARKWAY (65,000+ VPD) & STRATEGIC ACCESS TO DOWNTOWN BOSTON, ROUTE 16, ROUTE 99, AND REGIONAL EMPLO
- POSITIONED NEAR PLANNED $500M NEW ENGLAND REVOLUTION SOCCER STADIUM (24,000 SEATS)
- 3% ANNUAL RENT INCREASES THROUGHOUT BASE TERM AND RENEWAL OPTIONS
- LOCATED WITHIN IMMEDIATE PROXIMITY TO ENCORE BOSTON HARBOR ($2.6B DEVELOPMENT), DRIVING 8-10 MILLION ANNUAL VISITORS AND OVER $1B IN GAMING REVENUE
- DENSE URBAN DEMOGRAPHICS: 363,761 RESIDENTS AND $130,112 AHHI WITHIN 3 MILES
Résumé de l'annonce
Atlantic Capital Partners has been exclusively engaged to offer for sale Mell’s Tire & Auto Service | Everett, Massachusetts, a 16,000-square-foot urban infill automotive service asset strategically positioned along Revere Beach Parkway, one of the primary commercial corridors serving Everett and the densely populated communities immediately north of Downtown Boston.?
The Property is uniquely positioned within one of Greater Boston’s most dynamic and rapidly transforming corridors, anchored by the $2.6 billion Encore Boston Harbor Resort, a regional destination that attracts approximately 8–10 million visitors annually and generates over $1 billion in annual gaming revenue.? The resort has catalyzed significant public and private investment throughout Everett, driving new infrastructure, hospitality demand, and sustained increases in traffic and economic activity within the immediate trade area.?
Further enhancing the long-term trajectory of the market, the Kraft Group has advanced plans for a $500 million, 24,000-seat New England Revolution soccer-specific stadium along the Mystic River, just minutes from the Property.? The project includes substantial environmental remediation, waterfront activation, and a publicly accessible 4-acre park, and is expected to deliver meaningful increases in regional visitation, employment, and year-round foot traffic upon anticipated delivery as early as 2027.?
Mell’s Tire recently executed a new 10-year lease commencing August 1, 2025, providing stable in place cash flow with 3% annual rent increases throughout the base term and both renewal options.? The lease structure offers investors durable income growth, limited landlord responsibilities, and exposure to a necessity-based automotive use in a supply constrained Boston infill submarket.? For investors seeking passive income with embedded growth and exposure to a rapidly evolving urban corridor, Mell’s Tire offers an attractive combination of current yield and long-term land value optionality.?
The Property is uniquely positioned within one of Greater Boston’s most dynamic and rapidly transforming corridors, anchored by the $2.6 billion Encore Boston Harbor Resort, a regional destination that attracts approximately 8–10 million visitors annually and generates over $1 billion in annual gaming revenue.? The resort has catalyzed significant public and private investment throughout Everett, driving new infrastructure, hospitality demand, and sustained increases in traffic and economic activity within the immediate trade area.?
Further enhancing the long-term trajectory of the market, the Kraft Group has advanced plans for a $500 million, 24,000-seat New England Revolution soccer-specific stadium along the Mystic River, just minutes from the Property.? The project includes substantial environmental remediation, waterfront activation, and a publicly accessible 4-acre park, and is expected to deliver meaningful increases in regional visitation, employment, and year-round foot traffic upon anticipated delivery as early as 2027.?
Mell’s Tire recently executed a new 10-year lease commencing August 1, 2025, providing stable in place cash flow with 3% annual rent increases throughout the base term and both renewal options.? The lease structure offers investors durable income growth, limited landlord responsibilities, and exposure to a necessity-based automotive use in a supply constrained Boston infill submarket.? For investors seeking passive income with embedded growth and exposure to a rapidly evolving urban corridor, Mell’s Tire offers an attractive combination of current yield and long-term land value optionality.?
Faits sur la propriété
Type de vente
Investissement
Condition de vente
1031 Échange
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
16 000 pi²
Classe d’immeuble
B
Année de construction
1950
Prix
4 731 533 $ CAD
Prix par pi²
295,72 $ CAD
Taux de capitalisation
7%
Revenu net d’exploitation
331 199 $ CAD
Location
Unique
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
1,02
Taille du lot
0,36 AC
Zonage
BD
Stationnement
12 places (0,75 places par 1 000 pi² loué)
Façade
285’ sur Revere Beach Pky
Commodités
- Ligne d'autobus
- Enseigne sur pylône
- Affichage
Moyennement praticable à pied
70/100
Très facile d’accès en voiture
80/100
Bons transports en commun
70/100
Moyennement praticable en vélo
60/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | EVER-000000-K000002-000110 | Évaluation des bâtiments | 932 473 $ CAD |
| Évaluation du terrain | 1 472 728 $ CAD | Évaluation totale | 2 405 200 $ CAD |
Impôts fonciers
Numéro de lot
EVER-000000-K000002-000110
Évaluation du terrain
1 472 728 $ CAD
Évaluation des bâtiments
932 473 $ CAD
Évaluation totale
2 405 200 $ CAD
Contacts
-
Eric Suffoletto -
Danny Griffin -
David Hoppe -
Kendra Doherty -
Atlantic Capital Partners
1 de 4
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
Présenté par
Mell's Tire & Auto Service - Everett, MA | 1865 Revere Beach Pky
Vous êtes déjà membre? Connectez-vous
Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.
Merci! Votre message a été envoyé.