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Triple Net (NNN):
A lease in which the tenant is responsible for
all expenses associated with their proportional
share of occupancy of the building
Core:
Occupancy is greater than or equal to 90%
at time of sale
Value-Add:
Occupancy is greater than or equal to 60%
and less than 90% at time of sale
Opportunistic:
Occupancy is less than 60% at time of sale
A lease in which the tenant is responsible for
all expenses associated with their proportional
share of occupancy of the building
Core:
Occupancy is greater than or equal to 90%
at time of sale
Value-Add:
Occupancy is greater than or equal to 60%
and less than 90% at time of sale
Opportunistic:
Occupancy is less than 60% at time of sale
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- Selected
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- Built in 1974
- 1,500 - 177,662 SF
- Former anchor boxes redeveloped into a vibrant experiential lifestyle center with brand-new retail, office, and industrial space near convenient I-195 access.
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- Built in 2004
- 800 - 17,103 SF
- Highly visible shopping center situated along the major Route 2 commercial corridor with available end-cap and outparcel space in excellent condition.
-
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