For Sale

459-465 Washington St

461 Washington St,
Holliston, MA 01746

Asset Snapshot

Power Center
Retail Subtype
$148,653
NOI
1967
Year Built
3
Building Count
1.53 Acres
Land Area

Offering Summary

Investment Overview

Northeast Private Client Group is pleased to present 459-465 Washington St, a six-suite retail plaza on 1.53 acres in Holliston, Massachusetts, in the MetroWest region. The 1967 plaza holds 7,063 rentable square feet along Washington Street. Five suites are home to everyday businesses: Subway, Kings Pizza, Jings Garden, a liquor store and a jewelry store, in suites from 563 to 1,900 square feet. Three food operators and a package store give the plaza reasons for repeat, daily visits from the surrounding neighborhood. The value-add starts with one 1,600 SF suite. A new owner can choose the tenant that best rounds out the mix and strengthens the plaza's draw. The plaza's next chapter is shaped by one leasing decision. The plaza's buildings, dating to 1967, cover roughly 11% of the 1.53-acre site, which gives a hands-on owner room to reposition the property over time. All qualified parties are invited to request the full offering package and schedule a private tour through Northeast Private Client Group.


Investment Highlights

  • One Lease Carries The Entire Pro Forma LiftLean Operating Costs Of $40,699 A Year
  • Tenants Reimburse $29,584 Of Operating Costs
  • A Compact Plaza On A Generous 1.53-Acre Lot
  • Framingham In Thirteen Minutes | ~5 Miles
  • Boston And Worcester Each Under 50 Minutes

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$2,500,000
Asking Price

Investment Sales Broker

Tom Egbers
Northeast Private Client Group

Market Insights