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75 Market St, Rockland, MA, 2370

WALGREENS
$4,500,000

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Highlights

INVESTMENT HIGHLIGHTS

PROPERTY & LEASE DETAILS

  • Backed by a corporate guarantee, providing strong credit security for investors
  • Absolute NNN lease structure with zero landlord responsibilities, offering true passive income
  • Situated on an oversized ±2.9-acre parcel, providing long-term site flexibility and potential future redevelopment value

LOCATION HIGHLIGHTS

  • Located in a high-income suburb, with an average household income exceeding $152,806 within a three-mile radius
  • Densely populated area, with a population of over 48,535 residents within three miles
  • Strategic location less than ±21 miles from downtown Boston, benefiting from access to major employment and economic centers
  • Limited competition, with only two other pharmacies within a three-mile radius, supporting strong tenant performance

Location

Agents

Broker of Record

Kyle Matthews

License # 000083-RE-RB (MA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203

Key Information

Cap Rate
10.16%
$ per SF
$331
Tot. SF
13,585
Year Built
2004
Term Remaining
±4.2 YRS
Type
Retail