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Net Lease

Martha's Vineyard | Xfinity Comcast | STNL - NNN Lease | Trophy Location

19 E Line Rd, Edgartown, MA 02539

Listing Price: $2,000,000

Cap Rate
7.04%
Lot Size
0.89 acres
Year Built
2007
Rentable SF
6,264

Investment Overview

The Klein Group as exclusive has been selected to exclusively represent for sale Xfinity Comcast, a 6,264 square foot building situated on 0.86 acres of land located at 19 E Line Road in an irreplaceable Martha's Vineyard location on the NE corner of E Line Road and A Street. The subject property is fully leased to Xfinity Comcast on a NNN basis with 4 years remaining on the lease. 19 E Line Road is an excellent opportunity to purchase a rare trophy net-leased asset in the highly desirable, affluent, populous, and supply-constrained island of Martha's Vineyard. This is a generational purchase opportunity to acquire a trophy single-tenant NNN corporate guaranteed leased asset in an irreplaceable corner location along E Line Road in Edgartown, MA.

Investment Highlights

  • 5% ANNUAL INCREASES WITH TWO 3-YEAR OPTIONS TO RENEW
  • NATION'S LARGEST VIDEO, HIGH-SPEED INTERNET, AND PHONE PROVIDER
  • TROPHY SINGLE TENANT NNN CORPORATE GUARANTEED LEASED ASSET

Exclusively Listed By

Financing By

Net Lease

Martha's Vineyard | Xfinity Comcast | STNL - NNN Lease | Trophy Location

Listing Price: $2,000,000

Cap Rate
7.04%
Lot Size
0.89 acres
Year Built
2007
Rentable SF
6,264

Investment Highlights

  • 5% ANNUAL INCREASES WITH TWO 3-YEAR OPTIONS TO RENEW
  • NATION'S LARGEST VIDEO, HIGH-SPEED INTERNET, AND PHONE PROVIDER
  • TROPHY SINGLE TENANT NNN CORPORATE GUARANTEED LEASED ASSET

Investment Overview

The Klein Group as exclusive has been selected to exclusively represent for sale Xfinity Comcast, a 6,264 square foot building situated on 0.86 acres of land located at 19 E Line Road in an irreplaceable Martha's Vineyard location on the NE corner of E Line Road and A Street. The subject property is fully leased to Xfinity Comcast on a NNN basis with 4 years remaining on the lease. 19 E Line Road is an excellent opportunity to purchase a rare trophy net-leased asset in the highly desirable, affluent, populous, and supply-constrained island of Martha's Vineyard. This is a generational purchase opportunity to acquire a trophy single-tenant NNN corporate guaranteed leased asset in an irreplaceable corner location along E Line Road in Edgartown, MA.

Exclusively Listed By

Financing By

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