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.
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Last Checked: May 7th, 2024 at 4:32am (Source: MLS PIN #73133293)
General Information for 6 Carlisle Rd, Westford MA 01886
Listing ID73133293
Property TypeCommercial Sale / Commercial
Price$3,350,000
Style
CityWestford
CountyMiddlesex
Neighborhood(s)
ZoningCH
Year Built1986
Disclosures for 6 Carlisle Rd, Westford MA 01886
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Special Listing Conditions
ExclusionsAll Personal Property.
Buyer Agent Compensation50/50
Facilitator Compensation50/50
Compensation Based On
Contact Information for 6 Carlisle Rd, Westford MA 01886
Agent
Name: Peter Kim
Office
Name: Berkshire Hathaway HomeServices Commonwealth Real Estate