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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

Investment Highlights

  • Corporate Guarantee with Santander Bank, N.A.
  • Low rent PSF @ $16.00
  • 2,521 SF building with Drive-Thru

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s) MA: 1000485

    Massachusetts

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

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s): MA: 1000485

    Massachusetts

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