Retail Asset at 401 Technology Center Drive in Stoughton
FOR SALE
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$4,092,869
401 Technology Center Drive, Stoughton, MA 02072
7,685 SF
Square Feet
$533
PPSF
5.75%
CAP
Property Description
NOI
$235,340
Cap Rate
5.75%
- Less than 15 Miles from Downtown Boston (Greater Boston Area is home to over 8.4 Million People Ranked 6th in the U.S.)
- Fee-Simple Corporate Guaranteed Absolute Net Lease with 5.5 Years Remaining
- Positioned Along Massachusetts Route 24 | Exceeding 137,946 VPD
- Strong Demographics | Over 162,000 People in Five-Mile Radius | Over $144,000 Average Household Income in One-Mile Radius
- Five 5-Year Renewal Options with 1% Annual Rent Increases
- Adjacent to New Amazon Distribution Center
Property Details
Asset Type
Retail
Year Built
2005
Lot Size
1 SF
Neighborhood
Boston
Submarket
Stoughton
ZIP
02072
Listing Type
sale
30 years
10 years
Net Operating Income (NOI)
$373,367
Debt Service Coverage Ratio (DSCR)
1.60x
Cap Rate
9.12%
Cash Flow (Annual)
$140,540
Cash-on-Cash Return
13.74%
Monthly Debt Service
$19,402
Annual Debt Service
$232,827
View on Map
Address
401 Technology Center Drive
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Stoughton Retail Market Snapshot
Boundary boundary · Retail · Sale
No investors found in this market.
