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$ 10,000
3,366 SqFt
$ 10,000
3,366 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 3,366 sqft
MLS Listing ID 73416025
HOA Y/N false
Year Built 1970
Annual Tax Amount $8,596
Tax Year 2025
Lot Size 0.870 Acres
Acres 0.87
Property Description
NNN Lease available in April 2026 -a Freestanding ±3,366 SF retail/office building, former Santander Bank branch, with large parking lot, located on a available under a corporate-guaranteed NNN lease with Santander Bank (S&P A- rating) through 9/30/2025. Tenant pays taxes, insurance, CAM, utilities, roof, and structure. The lease includes five (5) 5-year renewal options, with a 10% rent increase at the first renewal and 5% increases at the start of each additional term. Located on ±0.87 acres with 22 on-site parking spaces and excellent visibility on Lakeview Avenue (25,000± VPD). The property is surrounded by national retailers, including CVS, Dunkin', and Enterprise. Zoned B3 – General Business. Ideal passive investment with minimal landlord responsibilities.
Location
State MA
County Middlesex
Zoning B3
Direction At the corner of Catherine St and Lakeview Ave.
Exterior
Utilities Available Public Water, Public Sewer
Total Parking Spaces 22
Others
Senior Community false
Listed by Global Realty Network, Inc.
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