Description
367 Littleton Road is a 100% net-leased retail property in the heart of Westford. Mitigate the risk of unwanted future vacancy by acquiring this multi-tenant investment property that is leased to 2 quality tenants. Both tenants have shown their commitment to the site by investing their own capital into improving their units and exercising multiple options to renew. The property has been meticulously maintained and received a new roof in 2019, leaving low risk for the next owner. The property is neighbored by new construction and is located in a solid retail submarket favored by national tenants. Take advantage of this low-risk low maintenance net leased investment positioned in a wealthy town with a growing population.
Highlights
E-Commerce proof tenants provide much-needed portfolio diversification in today's market
Mitigate the risk of future vacancies with two net leased tenants with annual rent increases
Both tenants have a long term operating history and exercised their option for an additional 5-year term showing further commitment to the site
Property received a new roof in 2019 with a warranty and a new water heater in 2021
170+ of frontage on RT 110 among quality tenants such as Dunkin, Chipotle, Panera, Bank of America, Honda, Marshalls & more providing future opportunity to attract a national tenant
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