The Shoppes at Amity
75% leased | 11,900 SF center
Marketing description
Blended NOI assumes 50% of market rental income and 50% recovery of NNN expenses for the two vacant suites. In-place NOI is $125,538, with additional upside through lease-up. Financials & Rent Roll Available Upon Request.
- New 20-Year TPO Roofing System Installed (November/December 2025)
- Dunkin' Executed 10-Year Lease Renewal, Extending Term Through 2038
- Immediate Value-Add Through Lease-Up of 3,000 SF of Contiguous Vacancy
- 39,782 VPD on Benjamin Franklin Highway (Route 422), Providing Excellent Visibility
- Prominent Pylon Signage Along Benjamin Franklin Highway (Route 422)
Investment highlights
Dunkin’ Anchored with 12+ Years Remaining (Drive- Thru)
Long-term national credit tenant providing stable income and consistent daily traffic to the center.
Compelling Value-Add Opportunity
11,900 SF neighborhood center 75% occupied with ±3,000 SF of lease-up potential, offering immediate NOI growth for investors.
Recent Vacancy
All Two vacancies occurred within the past few months, reflecting recent tenant rollover rather than prolonged vacancy.
Highly Leasable Small-Shop Availability
Includes two prime small-shop spaces 1,600 SF and 1,400 SF (up to 3,000 SF Contiguous) ideal for service, food, and local retail users- positioned for near-term absorption.
NNN Lease Structure + Recent Capital Improvements
Minimal landlord responsibilities complemented by a new 20-year TPO roof (Nov 2025), limiting future capital needs.
High-Visibility Location on Route 422
Positioned along Benjamin Franklin Hwy (39,000+ VPD) with excellent frontage, access, and strong retail visibility.
Strong Demographics Supporting Tenant Demand
• Population: 16,336 (3 mi) | 40,053 (5 mi) • Avg. HH Income: $121,659 (3mi) | $107,793 (5mi)
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
