Walgreens – (Boston MSA) Malden MA – 2 Miles From Wynn Casino Boston Harbor

Agent Info

James Roberts

248.702.0948
jroberts@encorereis.com

Danny Samona

248.702.0286
dsamona@encorereis.com

Brandon Hanna

248.702.0290
bhanna@encorereis.com

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Offering Information

215 Beach St
Malden, MA 02148

  • Price: $6,200,000
  • Cap. Rate: 6.77%
  • NOI: $420,000
  • Building Size: 13,855SF
  • Lot Size: 1.63 AC

Investment Highlights

  • Excellent Performing Store with Strong Sales
  • Across From the Largest Harley Davidson Dealer in the New England Market Built in 2014 with Improvement Costing Over $13,000,000
  • Less Than 2 Miles From the Wynn Casino & Resort in Boston Harbor Opening in 2019
  • Primary Market with Large Population: 233,000+ in a 3-Mile Radius and 508,000+ in a 5-Mile Radius
  • Great Visibility and Exposure with 72,000+ VPD along Adamski Memorial Highway and 21,000+ VPD along Beach Street
  • Recently Renovated Roof in 2016 with 5 Year Warranty
  • Only 30 Minutes North of Downtown Boston
  • Hard Corner—3 Points of Ingress/Egress
  • National Tenants Nearby Include: Largest Harley-Davidson in New England, Firestone, Taco Bell, McDonalds, Subway, Dunkin Donuts, IHOP and more
  • Only 8 Miles North of Harvard University with 22,000 Students and 13 Miles North of Boston College with an Enrollment of 14,000+ Students