Re-development Property for Sale
Northeast Private Client Group is pleased to present the South Bay Re-development opportunity at 1176 Massachusetts Avenue in Dorchester, MA. The subject property is conveniently located at the entrance to South Bay Center on the corner of Allstate Rd & Mass Ave. It is a 6,750 SF lot at an acquisition price of $474/SF.
The South Bay neighborhood of Dorchester is experiencing unprecedented growth and development with over 475 new residential units and 120,000 SF of retail coming to market in 2018. South Bay center provides shopping and
entertainment with national tenants like Home Depot, Target, Best Buy, Stop and Shop, Nike and AMC movie theater.
It is easily accessible to downtown Boston via the Newmarket MBTA commuter rail or a quick 10-minute drive. The retail tenant holds a double-net lease at $90,000 annually; landlord paid taxes and insurance.
All interested and qualified parties will have an opportunity to tour the property during scheduled appointments and obtain additional information upon request.
Dorchester, Suffolk County, MA