$3,200,000
$3,350,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
6 Carlisle Rd Westford, MA 01886
12,000 SqFt
Key Details
Sold Price $3,200,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $266
MLS Listing ID 73133293
Sold Date 10/20/23
Year Built 1986
Annual Tax Amount $32,242
Tax Year 2023
Lot Size 1.340 Acres
Acres 1.34
Property Description
Excellent Opportunity to own a Commercial Strip Mall in an affluent area! Property Highlights: Privately owned & operated shopping center, currently 86% (6/7 units) leased. / Anchored by a local staple restaurant since 1990. / Long Term Tenant Stability: all current tenants have been leasing since on average longer than 16+ years! / Strategically situated at a signalized & numbered route along Rt. 110 and just off of I-495, benefiting from local, regional and visitors. / Gross Leases with Attractive Rent Increases (per CPI). / Expansion & Growth by converting to Triple Net Leases, Long term (5/5 or longer) Leases. rent increments. / High Income area: In 2021, the median household income of Westford households was $161,076. / Market Demand – situated at the Hub of the region and a primary destination for retail & professional services, its convenient access with high visibility with substantial parking ensures high demand for continuous tenancy.
Location
State MA
County Middlesex
Zoning CH
Direction Follow I-495 N to Boston Rd in Westford. Take exit 83. Continue on Boston Rd to Six Carlise Place.
Exterior
Waterfront false
Roof Type Asphalt/Composition Shingles
Total Parking Spaces 68
Others
Senior Community false
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Bought with Non Member • JJM Realty LLC