Skip to main content

Drug Store

Walgreens Sublet Family Dollar

725 Centre St, Brockton, MA 02302

Listing Price: $4,418,857

Cap Rate
7.00%
Tenant Name
Walgreen Co.
Years Remaining On Lease
6.0
Guarantor
Corporate Guarantee
Rentable SF
13,402
Lease Type
Absolute Net
Rent Per Square Feet
$23.08

Investment Overview

The subject property is an absolute NNN leased Walgreens which is subleased to Family Dollar. The site is located in Brockton, MA, just 22 miles south of Boston. The property benefits from its prime location, at the signalized intersection of Centre and Quincy Street, directly across from the Signature Healthcare Brockton Hospital, a 216-bed hospital.

Investment Highlights

  • 6 Years remaining on an Absolute NNN corporate lease
  • Walgreens is obligated to pay $1,800,000+ for the duration of the lease term
  • Site sub-leased to Family Dollar in 2022
  • Rare 3.33-acre parcel

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Regional Manager

    (617) 896-7220

    License(s) MA: 1000485

    Massachusetts

Drug Store

Walgreens Sublet Family Dollar

Listing Price: $4,418,857

Cap Rate
7.00%
Tenant Name
Walgreen Co.
Years Remaining On Lease
6.0
Guarantor
Corporate Guarantee
Rentable SF
13,402
Lease Type
Absolute Net
Rent Per Square Feet
$23.08

Investment Highlights

  • 6 Years remaining on an Absolute NNN corporate lease
  • Walgreens is obligated to pay $1,800,000+ for the duration of the lease term
  • Site sub-leased to Family Dollar in 2022
  • Rare 3.33-acre parcel

Investment Overview

The subject property is an absolute NNN leased Walgreens which is subleased to Family Dollar. The site is located in Brockton, MA, just 22 miles south of Boston. The property benefits from its prime location, at the signalized intersection of Centre and Quincy Street, directly across from the Signature Healthcare Brockton Hospital, a 216-bed hospital.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Regional Manager

    (617) 896-7220

    License(s): MA: 1000485

    Massachusetts

MM Texture Background
MM Textured Background Lower