471 Liberty St | Hanson, MA 02341
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471 Liberty St
Hanson, MA 02341
CVS | Hanson MA · Retail Property For Sale
Investment Highlights
- CVS Health, the corporate guarantor of this lease, is the only investment grade credit tenant pharmacy (BBB rating from Standard & Poor's).
- CVS has recommitted to this location by renewing their lease early for an additional 10 years (thru 2034) plus 3 x 5yr. options with rental increases.
- Multiple points of access and visibility at the signalized intersection of Liberty Street and High Street with combined traffic counts of 24,859 VPD.
- CVS has been operating in this location for more than 27 years and has a strong sales history that $13M in 2023.
- CVS’ lease structure offers a passive ownership opportunity with minimal landlord responsibilities and tenant reimbursing or paying expenses directly.
- Boston MSA Demos | property is situated within an affluent area illustrated by average household incomes ranging from $125,432-$157,538.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
10,125 SF
Building Class
B
Year Built/Renovated
1997/2004
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Lot Size
4.82 AC
Zoning
R
Parking
35 Spaces (3.46 Spaces per 1,000 SF Leased)
Frontage
268 ft on Liberty Street
PROPERTY TAXES
| Parcel Number | HANS-000081-000000-000017 | Improvements Assessment | £1,555,406 |
| Land Assessment | £232,871 | Total Assessment | £1,788,277 |
PROPERTY TAXES
Parcel Number
HANS-000081-000000-000017
Land Assessment
£232,871
Improvements Assessment
£1,555,406
Total Assessment
£1,788,277
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