336 Bridge StLowell, MA 01850
- Retail properties
- 12,158 SF
Property Details for 336 Bridge St
- Year built
- 2008
- Construction
- STEEL FRAME
- Lot size
- 1.24 AC
- Property size (Sq ft)
- 12,158 SF
- Zone code
- UMU
- Property type
- Retail properties
- APN
- LOWE M:176 B:780 L:336
- APU
- LOWEM176B780L336
Description
Exceptional investment opportunity featuring a CVS Pharmacy in Lowell, MA. This single-tenant, 11,948 square foot retail property boasts a strong 5.25% cap rate and a substantial 14.5 years remaining on the absolute NNN lease, with nine five-year renewal options. Built in 2008, the property sits on a 1.3-acre lot and is situated at 336 Bridge St, Lowell, MA 01850. The lease commenced May 15, 2024, and expires May 31, 2039. The property offers a stable, credit-rated tenant with a proven track record. The asking price is $10,704,750, translating to $895.94 per square foot. The current Net Operating Income (NOI) is $562,000. This 24-hour CVS Pharmacy location benefits from high visibility and strong foot traffic in a densely populated area. The property is offered free and clear, presenting a compelling investment opportunity with significant long-term potential. The property consists of one, single-story building.
Location Insight
- City
- Lowell
- County
- Middlesex
- State
- Massachusetts
- Latitude
- 42.6497
- Longitude
- -71.3046
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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