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Walgreens 220 Huttleston Ave

15,120 SF Retail Building Fairhaven, MA 02719 £3,579,562 (£237/SF) 7.25% Net Initial Yield

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
£3,579,562
Price Per SF
£237
Net Initial Yield
7.25%
NOI
£259,518
Tenancy
Single
Number of Floors
1
Building FAR
0.20
Land Acres
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

PROPERTY TAXES

Parcel Numbers
Multiple
  • FAIR-000030A-000000-000092
  • FAIR-000030A-000000-000091
  • FAIR-000030A-000000-000091A
 Improvements Assessment £2,439,946
Land Assessment £2,589,574 Total Assessment £5,029,520

PROPERTY TAXES

Parcel Numbers
Multiple
  • FAIR-000030A-000000-000092
  • FAIR-000030A-000000-000091
  • FAIR-000030A-000000-000091A
Land Assessment
£2,589,574
Improvements Assessment
£2,439,946
Total Assessment
£5,029,520
(332) 345-4222

  • Listing ID: 33583169

  • Date on Market: 21/10/2024

  • Last Updated:

  • Address: 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.

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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© 2024 CoStar Group

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

Walgreens | 220 Huttleston Ave

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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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