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Walgreens 220 Huttleston Ave

15,120 SF Retail Building Fairhaven, MA 02719 $4,531,034 ($300/SF) 7.25% Cap Rate

Drug Stores Massachusetts Fairhaven 220 Huttleston Ave, Fairhaven, MA 02719

Investment Highlights

  • Approximately 8 (Eight) Years of Lease Term Remaining| Minimal Landlord Responsibilities
  • Eight (8), Five (5) Year Options | Potential To Extend Lease An Additional 40 Years
  • Corporate Guarantee | $139 Billion Revenue Company

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for a Walgreens located at 220 Huttleston Ave in Fairhaven, MA. The site consists of roughly 15,120 rentable square feet of building space on estimated 1.70-acre parcel of land. This Walgreens has eight (8) years of term remaining on it’s double-net lease. The annual rent is $328,500 and will remain flat throughout the base term and in each of the eight (8), five (5) year options.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,120 SF
Building Class
C
Year Built
2002
Price
$4,531,034
Price Per SF
$300
Cap Rate
7.25%
NOI
$328,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.70 AC
Zoning
BUS, Fairhaven - Central Business District
Parking
55 Spaces (3.64 Spaces per 1,000 SF Leased)
Frontage
216 FT on Narragansett Boulevard
1 of 1
220 Huttleston Ave, Fairhaven, MA - aerial map view

Nearby Major Retailers

Citizens Bank
Stop & Shop
Bank of America
Planet Fitness
Ninety Nine Restaurant & Pub
Santander
Friendly's

PROPERTY TAXES

Parcel Numbers
Multiple
  • FAIR-000030A-000000-000092
  • FAIR-000030A-000000-000091
  • FAIR-000030A-000000-000091A
 Improvements Assessment $3,088,500
Land Assessment $3,277,900 Total Assessment $6,366,400

PROPERTY TAXES

Parcel Numbers
Multiple
  • FAIR-000030A-000000-000092
  • FAIR-000030A-000000-000091
  • FAIR-000030A-000000-000091A
Land Assessment
$3,277,900
Improvements Assessment
$3,088,500
Total Assessment
$6,366,400
(332) 345-4222

Contacts

  • Listing ID: 33583169

  • Date on Market: 10/21/2024

  • Last Updated:

  • Address: 220 Huttleston Ave, Fairhaven, MA 02719

More public record information on 220 Huttleston Ave, Fairhaven, MA 02719

The Retail Property at 220 Huttleston Ave, Fairhaven, MA 02719 is currently available for sale. Contact NNN Pro Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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220 Huttleston Ave, Fairhaven, MA for sale Building Photo- Image 1 of 3
220 Huttleston Ave, Fairhaven, MA - main
220 Huttleston Ave, Fairhaven, MA for sale Aerial- Image 2 of 3
220 Huttleston Ave, Fairhaven, MA - ariel

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Walgreens | 220 Huttleston Ave
(332) 345-4222 x

Walgreens | 220 Huttleston Ave

1/4

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Josh Kanter

(617) 865-1145

(617) 865-1145

Stewart Hickey

(332) 345-2408

(332) 345-2408

Anthony D'Ambrosia

(203) 887-8797

(203) 887-8797

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