Listed by Gibson Commercial
$1,250,000
117-121 Trapelo Rd
Details
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 3,393
Units 2
Cap Rate 6.14%
NOI $76,742
Occupancy 100%
Tenancy Multi
Lease Type Modified
Lease Expiration 08/30/2028
Remaining Term 3
Rent Bumps Yes
Lease Options YES
Pro-Forma Cap Rate 6.14%
Pro-Forma NOI $76,742
Price per SqFt $368
Year Built 1920
Year Renovated 2017
Buildings 1
Stories 1
Lot Size (SqFt) 5,691
Zoning LB1
Parking Spaces 5 spaces
Parking Per SqFt 1.47
Investment Type Stabilized
Ground Lease No
Generational Retail Property in Belmont,Ma
Marketing description
Advisors Commercial is offering for sale 117-121 Trapelo Rd in Belmont, MA – a prime investment opportunity for retail and street retail investors. This 3,225 SF building, constructed in 1920, is zoned LB1 and boasts 100% occupancy. With a coveted location in the thriving Belmont area, this property exemplifies stability and potential for long-term returns. Don't miss the chance to secure a solid foothold in the retail market with this attractive and lucrative asset.
Investment highlights
- Strong investment opportunity
- Stable and secure income stream
- High visibility and foot traffic
- Proven track record of success
Listing Contacts
Listed by Gibson Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$76,742.00
$6,395.17/mo
Valuation Metrics
0
DSCR
6.14%
Cap Rate
6.14%
ROI
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