Cap Rate
5.5%
Tot. SF
10,880
150 Main St, Wayland, MA, 01778
CVS$7,272,727
Key Information
Lot Size
2.09 Acres
Year Built
2017
Term Remaining
±17 Years
Type
Retail
NOI
$400,000
Highlights
- Absolute NNN Lease – Zero Landlord Responsibilities
- 17 (+/-) Years Remaining on Base Term
- Corporate Guaranteed by CVS Health
- Investment Grade Credit Tenant (BBB Rated)
- Rare Ground Lease Structure
- Located in One of Boston’s Most Affluent Suburbs
- $224K Median Household Income
- Limited Retail Supply & High Barriers to Entry
- Newer Construction (2017 Build)
- Drive-Thru Prototype Location
- Strong Residual Real Estate Value (“Good Dirt” Real Estate)
- Recession & E-Commerce Resistant Essential-Service Tenant
- $10 Million Store Sales T12 in Credit Card Pings (Centercheck.com)
Photos
Location
Agents
N
Nikolai NovakLicense # 9588068 (MA)
D
Daniel GonzalezLicense # SL3463209 (FL)
Broker of Record
Kyle Matthews
License # 1000083-RE-RB (MA)Matthews Real Estate Investment Services, Inc1600 West End Ave, Ste. 1500 Nashville, TN 37203