Discount
Boston's Downtown Crossing
459 Washington St, Boston, MA 02108
Listing Price: $13,710,000
Cap Rate
5.60%
Tenant Name
TESO Life
Years Remaining On Lease
9.7
Gross SF
20,000
Guarantor
Limited Corporate Guarantee
Rentable SF
20,000
Price/Gross SF
$685.50
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$48.19
Investment Overview
3% Annual Bumps
New 10 Year Lease
Boston's Most Desirable CBD Retail Location
Boston's Downtown Crossing
Investment Highlights
- Wildly Popular American/Japanese Retailer TESO Life Expanding into All National Metro Major Metro US Markets
- Located at Boston's Famed "Downtown Crossing" with 22 Million Annual Visitors. Adjacent to Historic Freedom Trail and Boston Common
- Enormous Upside Through New 10 Year Absolute Net Lease with 3% Annual Bumps Over 20 Years. Corporate Guarantee
- Adjacent to Boston's most used subway station entrance Servicing Harvard, MIT and All of Boston's Major Companies and Institutions
Listing Price: $13,710,000
Cap Rate
5.60%
Tenant Name
TESO Life
Years Remaining On Lease
9.7
Gross SF
20,000
Guarantor
Limited Corporate Guarantee
Rentable SF
20,000
Price/Gross SF
$685.50
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$48.19
Investment Highlights
- Wildly Popular American/Japanese Retailer TESO Life Expanding into All National Metro Major Metro US Markets
- Located at Boston's Famed "Downtown Crossing" with 22 Million Annual Visitors. Adjacent to Historic Freedom Trail and Boston Common
- Enormous Upside Through New 10 Year Absolute Net Lease with 3% Annual Bumps Over 20 Years. Corporate Guarantee
- Adjacent to Boston's most used subway station entrance Servicing Harvard, MIT and All of Boston's Major Companies and Institutions
Investment Overview
3% Annual Bumps New 10 Year Lease Boston's Most Desirable CBD Retail Location
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