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60 E Main St
Milford, MA 01757

$2,036,430 USD

Auto Repair For Sale  •  1,800 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 1,800 SF
  • Lot Size 0.38 AC
  • Building Class B
  • Year Built 1990
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning CB
0 Transit Score
80 Walk Score

Highlights

Listed for $2,036,430 yielding a cap rate of 7.00%.
Recent 10-year Extension from the tenant demonstrates commitment to the location.
Absolute NNN Lease with zero landlord responsibilities.
Team Car Care has 500+ Locations nationally and they are a leader in the quick lube space.
10% Rent increases every 5 Years provide effective hedge against inflation.
High Traffic Volume with over ±23,157 vehicles per day on E Main St.
Cap Rate: 7.00 %

Public Transportation

Commuter RailDriveWalkDistance
Forge Park/Route 495 (Franklin Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 12 min - 7.3 mi
Franklin (Franklin Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 14 min - 8.5 mi
AirportDriveWalkDistance
Worcester Regional 45 min - 28.5 mi
Rhode Island Tf Green International 53 min - 34.3 mi
Jack Kulick 760-642-9942 Matthews Real Estate Investment Services
Jack Kulick 760-642-9942 Matthews Real Estate Investment Services