Walgreens | 10 Years Lease Term | 6.6% CAP | Middleton, MA

Highlights

• - 14,412 SF | Built in 2008 with 100% occupancy
• - Lease expiration 2034
• - 29,000 VPD
• - Area retailers: Market Basket, Chase, TJ Maxx, Starbucks, Home Depot
• - Median Household Income: $166,215

Description

Excellent drive-through Walgreens located at 235 S Main St, Middleton, MA, with 10 years of initial lease term remaining and 50 years in additional options. Newly built in 2008, the site is directly across from a Market Basket grocery anchored plaza. TJ Maxx, Bob's Stores, JoAnn Fabrics, adjacent to a drive-through Starbucks, Chase bank branch, and recently built 99 Restaurant. 235 S. Main Street is one of the busiest retail locations in Middleton, Massachusetts. Placer.ai ranks this Walgreens site as 86th in visits out of 200 stores in Massachusetts and 5,017 out of 7,578 stores by visits nationwide. Middleton is home to 9,912 residents with a median household income of $166,215.

Middleton is part of the North Shore region of Massachusetts. Middleton is a close-knit community with a strong sense of civic pride.
Middleton has a quiet, family-friendly atmosphere, excellent public services, low crime rates, and high-quality schools. The town frequently organizes events and activities to unite residents and foster a strong community bond. Middleton is part of the Masconomet Regional School District, which serves Middleton, Topsfield, and Boxford. It is conveniently located near major highways, including Interstate 95 and Route 114, providing easy access to Boston, the North Shore, and southern New Hampshire.