www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30954257

121 North St, Southbridge, MA 01550 For Sale

JC
CA 01461046
First Street Brokerage
BS
CA 01010694
First Street Brokerage
Listed by First Street Brokerage
$1,916,000
135 days on market
Updated 61 days ago

Dollar Tree (Investment Grade) Rare Massachusetts - 7.5% cap

Details
Property Type Retail
Sub Type Convenience Store, QSR/Fast Food (+1)
Square Footage 12,240
Cap Rate 7.5%
NOI $143,748
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar Tree
Lease Type NN
Lease Expiration 07/31/2029
Rent Bumps Yes
Lease Options 3 - 5 year
Price per SqFt $157
Year Built 2019
Stories 1
Investment Type Net Lease
Ground Lease No
Sale Condition 1031 exchange

Investment Grade | 7.50% CAP | 12,240 SqFt

Marketing description

Introducing a lucrative investment opportunity featuring a well-known tenant - Dollar Tree Stores, Inc. This Dollar Tree property at 121 North Street, Southbridge, MA boasts a 7.5% CAP rate with a net operating income of $143,748. The building, totaling 12,240 SF on a 1-acre lot, offers around 32 parking spaces and a stable lease agreement with Dollar Tree. Located conveniently across from a hotel/conference center and with notable daily traffic counts, this property presents a prime retail opportunity in a bustling area with high household incomes. Positioned just 50 minutes from both Hartford, CT, and Boston, MA, this commercial gem is sure to attract discerning investors. Additionally, Dollar Tree Stores, Inc. is a Fortune 500 company with a strong financial standing, making this property a secure and promising investment. This is a rare opportunity to acquire New England net leased real estate.

Investment highlights

  • S&P BBB Rated Tenant - Investment Grade

  • Average HH Income: $95,000

  • Less than 1 hour from Boston, MA & Hartford, CT

  • Walkable, downtown location

  • Across from Hotel/Conference Center (200+ rooms)

Listing Contacts

JC
CA 01461046
First Street Brokerage
BS
CA 01010694
First Street Brokerage
Listed by First Street Brokerage

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$143,748.00
$11,979.00/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Brian Bockman
License
1000169
Brokerage
Bang Realty-New England, Inc.
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591