Mid-America Real Estate Corporation, in cooperation with The Dartmouth Company, a licensed Massachusetts broker, is pleased to present TGI Fridays located at 2 Hawes Way in Stoughton, Massachusetts. The site is located approximately 18 miles south of downtown Boston. The property is positioned at a signalized hard corner outlot within the Shoppes at Page Pointe, a retail development anchored by Target and LA Fitness. Stoughton is a dense and affluent suburban community of Boston, where there are 152,000 residents in a five-mile radius that have an average household income of $106,000. The subject offering is comprised of a 5,900 square foot retail building situated on a large 3.03-acre parcel. TGI Fridays has occupied this site for over 12 years and recently extended their ground lease in 2020 for an additional 10 years of term, demonstrating a strong commitment to the site. The asset’s location in a dense and affluent suburban community at a signalized hard corner with excellent traffic exposure, combined with TGI Fridays long-term history at the site and recent 10-year lease extension, make it an excellent net lease investment opportunity.
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.
|Population Median Age||42||41||41|
|Population by Age||0-9 Yrs||369 (9%)||6899 (11%)||17375 (11%)|
|10-19 Yrs||329 (8%)||7145 (11%)||19827 (12%)|
|20-29 Yrs||649 (16%)||7859 (12%)||18343 (11%)|
|30-39 Yrs||398 (10%)||7926 (12%)||20446 (12%)|
|40-49 Yrs||557 (14%)||7858 (12%)||20059 (12%)|
|50-59 Yrs||518 (13%)||9518 (15%)||23595 (14%)|
|60-69 Yrs||434 (11%)||8267 (13%)||19915 (12%)|
|70+ Yrs||571 (14%)||6865 (11%)||18112 (11%)|
|Median HH Income||$84,824||$81,363||$81,679|
|Total Household Income||< 24K||183 (13%)||3081 (13%)||8722 (15%)|
|25-49K||189 (13%)||3741 (16%)||9514 (16%)|
|50-74K||250 (18%)||3783 (16%)||8651 (15%)|
|75-99K||169 (12%)||2875 (12%)||7281 (12%)|
|100-199K||401 (29%)||7463 (32%)||17784 (30%)|
|200K+||185 (13%)||1731 (7%)||5714 (9%)|
|Highest Education Level||No Diploma||383||4877||12035|
|Diploma or GED||914||12830||30039|
|Total Housing Units||1,450||24,001||60,670|
|Owner-Occupied Values||< 100K||15||363||1063|
|Total Working Age Population||3,309||51,668||128,912|
|In Work Force||2,172||35,320||87,529|
|Not In Work Force||1,138||16,348||41,384|
|Single Male w/Child||9||262||788|
|Single Female w/Child||46||1,745||4,161|
Population Change Last Two Decades - Plus Projection
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