1141 Bridge St
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1141 Bridge St
5,400 SF 100% Leased Retail Building Lowell, MA 01850 $1,249,000 ($231/SF) 5.40% Cap Rate
Executive Summary
Exceptional Rare Opportunity to own a Beautifully Masonary Built Strip Mall for investment built in 2011 as 5 units currently totally occupied and leased by 3 established tenants: Smiley Dental, dental service (2 units), People Ready, staffing agency (2 units), Bark Avenue, pet care service (1 unit). Located on a busy main street with high traffic near neighborhoods, Burger King , MacDonalds,Auto Zone, Wallgreens & more.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,400 SF
Building Class
B
Year Built
2011
Price
$1,249,000
Price Per SF
$231
Cap Rate
5.40%
NOI
$67,446
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.32
Land Acres
0.39 AC
Zoning
M1001 - TMU
Parking
17 Spaces (3.15 Spaces per 1,000 SF Leased)
Frontage
102 FT on Bridge St
Amenities
- Bus Line
- Signage
- Signalized Intersection
- Air Conditioning
Walk Score ®
Very Walkable (79)
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John R. Peterson Real Estate
1141 Bridge St
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