By signing in, you agree with: Terms & Conditions, Privacy Policy and Copyright



Description
Excellent opportunity to purchase this 100% occupied building located on RT 125 in Plaistow. Major upside to renew the current tenants or release units at market rent. Next owner can grow the rent roll or occupy some space while collecting rent. Allstate has been at this location for 9 years with no indication of leaving, while the two residential tenants have been here since 2003 and 2015. The property has been meticulously maintained and provides a highly visible location on Plaistow Road. Call MANSARD today for more details or to schedule a tour.
Highlights
100% Occupied - Under Market Rents
Available for Sale 9% Below Assessed Value
Plaistow Retail Rents Predicted to Grow by 7% in 2022
3 Tenants at Will w/ Avg Occupancy of 10 years
Highly Visible Signage on Plaistow's Busy Route 125
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
| Total Population | 1,560 | 18,094 | 60,887 | |
| Population Median Age | 42 | 41 | 40 | |
| Population by Age | 0-9 Yrs | 136 (8%) | 1856 (10%) | 6407 (10%) |
| 10-19 Yrs | 190 (12%) | 2179 (12%) | 7782 (12%) | |
| 20-29 Yrs | 157 (10%) | 2296 (12%) | 7612 (12%) | |
| 30-39 Yrs | 225 (14%) | 2310 (12%) | 7569 (12%) | |
| 40-49 Yrs | 185 (11%) | 2155 (11%) | 7906 (12%) | |
| 50-59 Yrs | 267 (17%) | 3254 (17%) | 10187 (16%) | |
| 60-69 Yrs | 203 (13%) | 2177 (12%) | 7476 (12%) | |
| 70+ Yrs | 196 (12%) | 1867 (10%) | 5947 (9%) | |
| Median HH Income | $71,733 | $94,890 | $88,137 | |
| Total Household Income | < 24K | 57 (8%) | 644 (9%) | 2505 (10%) |
| 25-49K | 174 (26%) | 1014 (14%) | 3770 (16%) | |
| 50-74K | 119 (17%) | 1236 (17%) | 3764 (16%) | |
| 75-99K | 62 (9%) | 834 (11%) | 2962 (12%) | |
| 100-199K | 215 (32%) | 2667 (37%) | 7908 (34%) | |
| 200K+ | 37 (5%) | 721 (10%) | 2283 (9%) | |
| Highest Education Level | No Diploma | 29 | 481 | 2656 |
| Diploma or GED | 394 | 4262 | 12865 | |
| Some College | 229 | 2600 | 9112 | |
| Assoc. Degree | 113 | 1475 | 4466 | |
| Bachelors Degree | 224 | 2707 | 9161 | |
| Higher Degree | 150 | 1506 | 4865 | |
| Total Housing Units | 686 | 7,513 | 24,397 | |
| --Owner-Occupied | 547 | 5,784 | 17,608 | |
| --Renter-Occupied | 119 | 1,333 | 5,584 | |
| Owner-Occupied Values | < 100K | 39 | 190 | 497 |
| 100-199K | 101 | 702 | 1756 | |
| 200-299K | 171 | 1509 | 5166 | |
| 300-399K | 145 | 2121 | 6020 | |
| 400-499K | 69 | 759 | 2574 | |
| 500K+ | 21 | 502 | 1595 | |
| Total Working Age Population | 1,309 | 14,836 | 49,767 | |
| In Work Force | 888 | 10,898 | 35,968 | |
| Not In Work Force | 421 | 3,938 | 13,799 | |
| Workforce Employed | 877 | 10,574 | 34,362 | |
| Workforce Unemployed | 11 | 323 | 1,595 | |
| Civlian Workforce | 888 | 10,898 | 35,957 | |
| Military Workforce | 0 | 0 | 12 | |
| Total Households | 666 | 7,117 | 23,192 | |
| Family Households | 451 | 5,022 | 16,359 | |
| Non-Family Households | 215 | 2,095 | 6,833 | |
| Married Couple | 334 | 3,941 | 12,090 | |
| Other Family | 117 | 1,081 | 4,269 | |
| Married w/Child | 113 | 1,468 | 4,655 | |
| Single Male w/Child | 22 | 213 | 658 | |
| Single Female w/Child | 56 | 382 | 1,594 | |
Population Change Last Two Decades - Plus Projection
| 2000 | % | 2010 | % | 2020 | % | 2030 | |
|---|---|---|---|---|---|---|---|
| Massachusetts | 6,349,097 | +3 | 6,547,629 | +6 | 6,933,887 | +4 | 7,225,472 |
| Essex County | 723,419 | +3 | 743,159 | +6 | 790,035 | +3 | 816,022 |
| New Hampshire | 1,235,786 | +7 | 1,316,470 | +3 | 1,349,908 | +4 | 1,402,878 |
| Rockingham County | 277,359 | +6 | 295,223 | +4 | 307,013 | +5 | 321,441 |