Excellent Opportunity to own a Commercial Strip Mall in an affluent area! Property Highlights: Privately owned & operated shopping center, currently 86% (6/7 units) leased. / Anchored by a local staple restaurant since 1990. / Long Term Tenant Stability: all current tenants have been leasing since on average longer than 16+ years! / Strategically situated at a signalized & numbered route along Rt. 110 and just off of I-495, benefiting from local, regional and visitors. / Gross Leases with Attractive Rent Increases (per CPI). / Expansion & Growth by converting to Triple Net Leases, Long term (5/5 or longer) Leases. rent increments. / High Income area: In 2021, the median household income of Westford households was $161,076. / Market Demand – situated at the Hub of the region and a primary destination for retail & professional services, its convenient access with high visibility with substantial parking ensures high demand for continuous tenancy.
12,000 Sq Ft
1.34 Private Acres Exterior Space
Commercial
$32,242 Annual Tax
Built in 1986
MLS/Listing ID 73133293
Source of Data: MLS PROPERTY INFORMATION NETWORK