459 WASHINGTON ST Braintree MA 02184-4738

Institutional Property Advisors (IPA) is pleased to exclusively present for sale NNN Teso Life located at 459 Washington St Downtown Crossing, a rare opportunity to acquire 20,000 sq ft in Downtown Boston’s most popular retail destination on a 10 year lease with 3% annual increases in rent during the base term and both 5 year options. $13,710,000

• New, long-term, 10-year lease with parent guarantee at $37 psf is about 43% below the market average rent of $65-$75 psf

• Rare, 3% annual increases in rent including during the two, five-year option periods

• Downtown Crossing is the “Main & Main” location for Boston retail with 22 million annual visitors

• Just steps away from the Freedom Trail, a world-renowned, signature tourist experience attracting over 4 million people annually

• The adjacent Red & Orange Line subway stop that is only 30 feet from 459 Washington St has the second highest volume in the entire city system with 24,000 people using the stop daily

• TESO Life is a popular and trendy Japanese Department Superstore that is rapidly expanding throughout the U.S. with stores recently opened or opening soon in New York, Dallas, Las Vegas, Philadelphia and Orlando. They have chosen to open up their new Flagship Store for Downtown Crossing

• A rare opportunity to acquire a critical mass of 20,000 sq ft of retail in downtown Boston

• New Tenant with rent commencing on January 1st, 2026 and store opening expected on March 1st, 2026

• 2.4% Downtown Crossing / CBD Retail Vacancy Rate