80 Market St | Rockland, MA 02370
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- LoopNet Team
80 Market St
Rockland, MA 02370
CVS | Rockland MA · Retail Property For Sale
Investment Highlights
- CVS has been operating in this location for more than 27 years and has a strong sales history that surpassed $19M in 2023.
- CVS has recommitted to this location by renewing their lease early for an additional 15 years (thru 2039) plus 3 x 5yr. options with rental increases.
- Boston MSA Demos | affluent and densely populated area illustrated by average household incomes ranging from $120,327-$142,723
- CVS Health, the corporate guarantor of this lease, is the only investment grade credit tenant pharmacy (BBB rating from Standard & Poor's).
- CVS’ lease structure offers a passive ownership opportunity with minimal landlord responsibilities and tenant reimbursing or paying expenses directly.
- Multiple points of access and visibility at the signalized intersection of Market Street and Highland Street with traffic counts over 14,100 VPD
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
10,125 SF
Building Class
C
Year Built/Renovated
1997/2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.41 AC
Zoning
B2
Parking
28 Spaces (2.77 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signalized Intersection
- Waterfront
- Drive Thru
PROPERTY TAXES
| Parcel Number | ROCK-000051-000000-000067 | Improvements Assessment | $2,179,200 |
| Land Assessment | $304,500 | Total Assessment | $2,483,700 |
PROPERTY TAXES
Parcel Number
ROCK-000051-000000-000067
Land Assessment
$304,500
Improvements Assessment
$2,179,200
Total Assessment
$2,483,700
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