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21 Memorial Dr, Plymouth, MA, 02360

Sun Dynasty Plaza
$2,650,000

Key Information

Cap Rate
6.05%
$ per SF
$173
Tot. SF
15,258
Units
4
Year Built
1936
Type
Shopping Centers
Occupancy
100%
NOI
$160,325

Highlights

• Below-Market Rental Rates Present Immediate Upside and Opportunity for NOI Growth
• Short-Term Lease Structure Provides Near-Term Flexibility to Reposition Rents or to negotiate long term leases
• Highly Desirable Location Adjacent to Plymouth Harbor with Strong Regional Draw and Waterfront Accessibility
• Waterfront Views Enhance Tenant Appeal and Support Long-Term Leasing Demand
• Underutilized Space Creates Opportunity for Reconfiguration, Expansion, or Increased Income Generation on 3rd floor
• Diversified Multi-Tenant Rent Roll Reduces Reliance on Any Single Occupant and Supports Income Stability
• Located Within an Affluent Demographic Base with Strong Consumer Spending Fundamentals
• Partial Seller Financing Available with substantial down payment Providing Enhanced Acquisition Flexibility for Qualified Buyers
• Restaurant Owner-User Opportunity with Potential SBA Financing Eligibility Due to Restaurant Occupying More Than 50% of the Building Area

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 1000083-RE-RB (MA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203