Somerset, MA 02726

Walgreens Portfolio | 4 Locations Nationwide

Property Address

296 Buffinton Street, Somerset, MA, USA

Offering Summary

  • Price: $28,500,000
  • Lot Size: .92 Acres
  • Cap Rate: 5.25%
  • Year Built: 2010
  • Building SF: 13,650
  • Status: Available
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  • This Deal is Part of a Portfolio of Four Walgreens – All Listings in the Portfolio Must be Purchased Together – Portfolio is Priced at $28,500,000 / 5.25%
  • Absolute Triple-Net (NNN) Corporate Lease with Walgreens
  • 15 Years Remaining on Lease Term
  • 120,236 Residents within a 5-Mile Radius - Growing Somerset Trade Area in the Providence, RI MSA
  • Signalized Hard Corner Location at the Intersection of Buffinton Street and County Street - 21,200 Cars/Day
  • Average Household Income Exceeds $100,000 within a 1-Mile Radius
  • Down the Road from Berkley Regional High School (1,030+ Students)
  • 1.5 Miles Off US Route 6 via County Street - Direct Access to Providence
  • Within 15 Minutes of Two Hospitals - Saint Anne’s Hospital (211 Beds) and Charlton Memorial Hospital (867 Beds)
  • Strong Daytime Population - 105,160+ Employees in Surrounding Area

Broker Information