74 Main Street | 93.8% Leased Neighborhood Center For Sale | Mass Pike West

2108 views

Video added by MANSARD | Date Uploaded: May 13, 2021 | Date Created:

Description

Gould's Colonial Plaza is a 93.8% leased neighborhood center located at 74 Main Street in the Mass Pike West suburb of Medway, Massachusetts. Priced at an 8.4% cap rate, this 17 tenant property includes approximately 43,875 +/- SF of gross leasable area across three buildings on a 4.3-acre site. The property is 93.8% leased, which shows ongoing commitment from the property's diverse tenancy through the Covid pandemic. Area tenants include CVS Health, Shaw's, Walgreens, Ocean State Job Lot, Dunkin', Middlesex Savings Bank, Dollar Tree, Burger King, Bank of America, and Domino's Pizza. The 5-mile radius trade area features a robust median household income of $123,235 and a population of 74,505, 59% have a bachelor's degree or higher.


Categories:
Commercial Properties for Sale, Brokerage
Property Types:
Retail
States:
MASSACHUSETTS
Regions:
Norfolk County


Suggested Videos

Flexible Co-GP Structures Build Better Deals with Adrian Berger of Cypress Equity Investment
Commercial Real Estate veteran and founder of Way Capital, Malcolm Davies, speaks with Adrian Berger, Managing Director of Acquisitions at Cypress Equity Investments (CEI), to discuss creative deal flows and capitalizing on the Low-Income Housing Tax Credit (LIHTC). Adrian highlights the value of relationship equity and why networking remains the most valuable asset in a developer’s portfolio. He describes CEI’s creative Co-GP deal-making opportunities and how they are navigating LIHTC in the
HUD Advantage: Maximizing Proceeds, Rates, Refinancing Strategies with Aaron Krawitz, Bravo Capital
Commercial Real Estate veteran and founder of Way Capital, Malcolm Davies, sits down with Aaron Krawitz, Founder & CEO of Bravo Capital and Bravo Property Trust, to discuss how HUD outpaces the market with higher proceeds and better interest rates than other lending options. Aaron provides a realistic look at HUD timelines and best practices to refinance existing HUD debt to capture favorable terms. He highlights the collaboration of BRAVO and HUD to provide financing and guidance for the Ski
The Trammell Crow Blueprint: Cultivating Talent, Strategy, and Vision in CRE with Greg Ames
Malcolm Davies, founder of Way Capital, sits down with Greg Ames, Southern California Market Leader at Trammell Crow, to explore the company’s unique development and investment strategies. Greg shares insights into Trammell Crow’s rigorous interview process and the specific traits that drive success in the commercial real estate industry. He outlines actionable lessons for aspiring professionals and describes how his passion for the field and confidence in the future of capital markets fuel h