783 Main St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
783 Main St
3,148 SF Retail Building Great Barrington, MA 01230 $995,000 ($316/SF) 7.24% Cap Rate
Investment Highlights
- Property being sold subject to lease for cannabis retailer. Lease has two 5 year options to extend (until 11/30/2039 if exercised)
- NNN lease increases by 3% per year, financials available after signing NDA.
- Excellent property location and visibility and extensive highest quality renovations to entire building.
Executive Summary
Solid investment opportunity. The owner has just put the underlying real estate on the market. Currently leased to ''Rébelle'' Cannabis Dispensary until 11/2029 with an additional ten year renewal option. Property boasts a superb, high profile location directly across from Guido's. Completely renovated inside and out with mature landscaping, large parking area and located on busy highway. Great long term income opportunity and a chance to own an incredible building that meets current energy construction codes as well as cannabis related build out requirements such as high security, upgraded electric and plumbing systems and handicap accessibility. Rare, true triple-net lease. Property is in excellent condition. Financials provided with completed NDA on request.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,148 SF
Building Class
C
Year Built/Renovated
1930/2020
Price
$995,000
Price Per SF
$316
Cap Rate
7.24%
NOI
$72,000
Tenancy
Single
Building Height
3 Stories
Building FAR
0.19
Lot Size
0.39 AC
Zoning
B-2 - commercial use
Parking
14 Spaces (4.45 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Security System
- Wheelchair Accessible
- Air Conditioning
- Fiber Optic Internet
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Rebelle
- Retailer
- 3,148 SF
- -
- Triple Net
- Nov 2029
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Rebelle | Retailer | 3,148 SF | - | Triple Net | Nov 2029 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | GREA-000025-000000-000010 | Improvements Assessment | $343,200 |
| Land Assessment | $150,600 | Total Assessment | $493,800 |
PROPERTY TAXES
Parcel Number
GREA-000025-000000-000010
Land Assessment
$150,600
Improvements Assessment
$343,200
Total Assessment
$493,800
1 of 26
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
783 Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.