Walgreens
Retail | 7.25% CAP | 15,120 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Walgreens located at 220 Huttleston Ave, Fairhaven, MA 02719. The site consists of roughly 15,120 rentable square feet of building space on an estimated 1.7-acre parcel of land. This Walgreens is subject to a 20-year Double Net (NN) lease, which commenced 9/19/2002. The current annual rent is $328,500 and is flat throughout the base term and options.
Investment highlights
Long-term Operating History with Consistently High Sales Reporting | Walgreens has been operating out of this location for over 20 years and consistently reports strong sales performance.
Recent Market Consolidation to this Location | Walgreens previously had two locations in this market, but closed the other store in 2025, consolidating its business in the market to this single location.
Large Lot at Four-Way Signalized Intersection | This site sits on a large 1.70-acre lot at the four way signalized intersection of Route-240 and Huttleston Ave, with 23,900 and 17,400 average vehicles per day.
Close Proximity to New MBTA Rail Line | This site is approximately 3.5 miles from the brand new Church Street MBTA stop, connecting the South Coast to Boston and projected to bring demographic and economic growth to Fairhaven and the surrounding towns.
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