Bank
Santander Bank
77 Center St, Middleborough, MA 02346
Listing Price: $557,500
Cap Rate
7.25%
Tenant Name
Santander Bank
Years Remaining On Lease
2.1
Guarantor
Corporate Guarantee
Rentable SF
2,521
Lease Type
Double Net
Rent Per Square Feet
$16.04
Investment Overview
- Landlord responsible for roof only - Five, 5-year renewal options - $35MM in Deposits
Listing Price: $557,500
Cap Rate
7.25%
Tenant Name
Santander Bank
Years Remaining On Lease
2.1
Guarantor
Corporate Guarantee
Rentable SF
2,521
Lease Type
Double Net
Rent Per Square Feet
$16.04
Investment Highlights
- Corporate Guarantee with Santander Bank, N.A.
- Low rent PSF @ $16.00
- 2,521 SF building with Drive-Thru
Investment Overview
- Landlord responsible for roof only - Five, 5-year renewal options - $35MM in Deposits
