Raynham Depot is a stabilized mixed use property with development upside of 5+ acres zoned R1 and pad site for additional retail building. The building consists of 51,267 SF of mixed-use (retail and office) space in Raynham's Business District which has great access and visibility on Route 138 and close proximity to major highways Interstate 495/95 (less than 1 mile), Route 24 (approx. 5 miles), and Route 44 (approx. 3.9 miles) making it accessible from Boston and the Providence area. The current ownership has invested heavily in renovation of the base building and tenant fit outs throughout to get to a 98% occupied NNN asset.
Retail and Medical/Office Space Available on Route 138 in Raynham. 4 per 1,000 SF parking ratio. Strong traffic counts and easy access to Route 495, 95 and 24.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.