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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
7364268

159 River Rd, Andover, MA 01810

DC
MA 9073517, NH 011181
Argyle Realty Group LLC
Listed by Argyle Realty Group LLC
Unpriced
828 days on market
Updated 85 days ago

NNN Investment Property

Details
Property Type Retail
Sub Type 1031
Square Footage 4,040
Net Rentable (SqFt) 4,040
Units 1
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 10.3
Lease Expiration 11/30/2030
Remaining Term 4.5
Rent Bumps Yes
Lease Options 2-5yrs
Broker Co-Op Yes
Class A
Year Built 2
Year Renovated 2020
Buildings 1
Stories 1
Acreage 4.000
Zoning GB
Parking Spaces 50 per 1,000 sq ft
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 08/21/2020
Occupancy Date 08/08/2020
Ground Lease No
Ownership Condo
Sale Condition 1031 exchange

Andover MA Investment Property For Sale

Marketing description

Well positioned and very popular restaurant just off I-93 in Andover, MA. Located at the entrance to both Shattuck Office Park and Minuteman Office Park. 6 hotels within a 1/2 mile. Other Tenants include The Learning Experience thelearningexperience.com with over 600 locations in the US and abroad and Boston Vision bostonvision.com with 7 locations in the Boston area.

Investment highlights

Extremely popular high volume restaurant located at the end-cap with street frontage. This is a NNN investment with a Personal Guarantee.

Listing Contacts

DC
MA 9073517, NH 011181
Argyle Realty Group LLC
Listed by Argyle Realty Group LLC

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