153-205 & 221-241 Parkingway St
100% Leased multi tenancy
Marketing description
RECENT LEASE EXTENSIONS ILLUSTRATING STRONG TENANT RETENTION!
Boston Real Estate Advisors is pleased to offer for sale 153-205 and 221-241 Parkingway Street in Quincy, Massachusetts. 153- 205 Parkingway Street is a 63,315 square foot retail strip center and 221-241 Parkingway Street is a 34,876 square foot retail strip center in the heart of Quincy Center. The properties are 100% leased with a compelling mix of national and local tenants, of which focus on internet resistant retail categories such as restaurants/entertainment, medical and wellness/beauty services.
The properties are ideally located in the heart of the downtown Quincy redevelopment area. Parkingway has abundant on and off street parking, within walking distance to the Quincy Center MBTA rapid transit station, and is located at the main entrance to Downtown Quincy.
This is a unique opportunity to acquire desirable retail properties with steady income and upside potential through scheduled rent increases and lease roll-over.
Investment highlights
- Number of Tenants 8
- 153-205: Building Sf 63,315
- 221-241: Building Sf 34,876
- 153-205 & 221-241 Acres 1.29 / 1.13
- Zoning Type Business C
- Number of Buildings 2
- 153-205: Surface Parking 92
- 153-205: Covered Parking 18
- 221-241: Surface Parking 6
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