For Sale
$1,550,000

4 Middlesex AveWilmington, MA 01887

10,520 SF NNN Leased Flex Building

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional investment opportunity presents a 10,520 square foot, two-story flex building located at 4 Middlesex Avenue, Wilmington, Massachusetts, 01887. The property, a single-tenant net lease (NNN) investment, boasts a strong 7.00% cap rate and a substantial net operating income (NOI) of $108,000. The building, constructed of block, sits on a 0.21-acre lot and enjoys a convenient location just 2.2 miles from I-93. Currently occupied by a NAPA Auto Parts store, a highly creditworthy tenant, the property benefits from a recently executed five-year lease extension expiring December 31, 2029, demonstrating the tenant's long-term commitment. This freestanding building offers a secure and stable investment with a proven track record. The property's classification as industrial and retail reflects its versatile nature and potential for various uses. The building's solid construction and prime location make it an attractive asset for discerning investors seeking a reliable, high-yield investment in a thriving market. The property's strong tenant history and favorable lease terms provide a compelling opportunity for long-term growth and passive income. This is a rare chance to acquire a well-positioned, income-producing property with a highly reputable tenant.

Highlights

  • 10,520 SF two-story flex building on a 0.21-acre lot at 4 Middlesex Avenue, Wilmington, MA 01887.
  • Single-tenant NNN investment with a 7.00% cap rate and $108,000 NOI.
  • Five-year lease extension with NAPA Auto Parts (creditworthy tenant) expiring December 31, 2029.
  • Located 2.2 miles from I-93.
  • Strong tenant history and favorable lease terms.

Property Details for 4 Middlesex Ave

Property type
Retail properties, Industrial properties
Square Feet
10,520 SF
Buildings
1
Stories
2

Location Insight

City
Wilmington
County
Middlesex
State
Massachusetts
Latitude
42.5494482
Longitude
-71.1749152
4 Middlesex Ave, Wilmington, Massachusetts

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4 Middlesex Ave
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