Retail Business for Sale in Northampton, MA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Northampton, MA 01060

Description

Marcus & Millichap is pleased to exclusively present for sale an absolute NNN lease with Town Fair Tire located in Northampton, MA. The 2-building, 8,348 SF Town Fair Tire has a total of 8 service bays and is ranked as the #53 performer in the 119 store chain. While Town Fair Tire leases the adjacent parcel from another landlord which provides 7 of its 8 bays, 1 bay is included with this sale Investment Highlights: • STRONG PERFORMING STORE IN THE CHAIN Ranked #53 out of 119 locations by Placer.ai based on Visits ranking • ZERO LANDLORD RESPONSIBILITIES Tenant has sole responsibility for all operating, capital expenses, roof & structure which removes any Landlord liability and makes this property truly an absolute net • LONG TERM ABSOLUTE NNN LEASE W/ BUMPS 16 years remaining on the base term with 10% bumps every 5 years

Market Context

This retail in Northampton, MA is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 67 days. Compare it against other retail listings for sale in Northampton, MA — <a href="/search/sale/retail/massachusetts/northampton">view the full market</a>.

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