Skip to main content

Shopping Strip

Swansea Plaza

755 G.A.R. Highway, Swansea, MA 02777

Listing Price: $3,439,641

Cap Rate
6.70%
Gross SF
7,207
Rentable SF
7,207
Price/Gross SF
$477.26
Lot Size
1.07 acres
Year Built
2019

Investment Overview

Marcus & Millichap is pleased to present Swansea Plaza, located at 755 G.A.R. Hwy, Swansea MA 02777. Swansea Plaza was built in 2019 and is currently 100% occupied with a strong mix of national and regional tenants. The subject property is occupied by Aroma Joes, Stencil Dental, T-Mobile, and KAY Jewelers. The property has strong remaining lease terms in place, with Aroma Joes, Stencil Dental & KAY Jewelers having 8 years remaining on their current leases, and T- Mobile recently signing a new 5-year lease, moving to this site from a nearby location. Each tenant has built in rent escalations in their base term & option periods which provides growing cash flow and value for the property. The site is passed by more than 24,000 vehicles per day, and is in a strong retail corridor, surrounded by a variety of national and regional tenants, including Walmart, Target, Marshalls, McDonald’s, Starbucks, Firestone, Wendy’s and many more. The property is in a densely populated, affluent area with more than 100,000 residents within 5-miles of the site.

Investment Highlights

  • Newer construction, 100% occupied retail plaza with national & regional tenants
  • Rent escalations built into all tenant's base terms and option periods
  • 75% of tenants at the plaza have corporately backed leases
  • Internet resistant and ecommerce proof tenant mix
  • Highly trafficked location with more than 24,000 vehicles passing the site daily
  • Surrounded by many national and regional tenants

Exclusively Listed By

Financing By

Shopping Strip

Swansea Plaza

Listing Price: $3,439,641

Cap Rate
6.70%
Gross SF
7,207
Rentable SF
7,207
Price/Gross SF
$477.26
Lot Size
1.07 acres
Year Built
2019

Investment Highlights

  • Newer construction, 100% occupied retail plaza with national & regional tenants
  • Rent escalations built into all tenant's base terms and option periods
  • 75% of tenants at the plaza have corporately backed leases
  • Internet resistant and ecommerce proof tenant mix
  • Highly trafficked location with more than 24,000 vehicles passing the site daily
  • Surrounded by many national and regional tenants

Investment Overview

Marcus & Millichap is pleased to present Swansea Plaza, located at 755 G.A.R. Hwy, Swansea MA 02777. Swansea Plaza was built in 2019 and is currently 100% occupied with a strong mix of national and regional tenants. The subject property is occupied by Aroma Joes, Stencil Dental, T-Mobile, and KAY Jewelers. The property has strong remaining lease terms in place, with Aroma Joes, Stencil Dental & KAY Jewelers having 8 years remaining on their current leases, and T- Mobile recently signing a new 5-year lease, moving to this site from a nearby location. Each tenant has built in rent escalations in their base term & option periods which provides growing cash flow and value for the property. The site is passed by more than 24,000 vehicles per day, and is in a strong retail corridor, surrounded by a variety of national and regional tenants, including Walmart, Target, Marshalls, McDonald’s, Starbucks, Firestone, Wendy’s and many more. The property is in a densely populated, affluent area with more than 100,000 residents within 5-miles of the site.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower