Western Avenue Retail

  • Title

    Retail Property

  • City

    Lynn, MA

  • Price

    $1,175,000

  • Cap Rate

    6.0%

  • Gross Leasable Area

    31,135 SF

  • No. Units

    3

  • Price/SF

    $37.74

  • No. Stories

    2

  • Year Built

    1963

  • Lot Size

    43,310 SF

Not found amenities.

Northeast Private Client Group is pleased to present the Western Ave Retail, located on 1069 Western Ave, Lynn, MA.

The Western Ave Retail is a 24,000 SF building & 11,135 SF warehouse, built in 1963 located on a high traffic highway (Route 107). Triple Net Tenants, daily traffic count north of 20,000 cars, directly across from General Electric. Ideal for owner user, redevelopment or investor with the opportunity to add value through leasing 2nd floor & market rents.

Lynn is located in the southern part of Essex County and is 10 miles (16 km) northeast of Boston and 22 miles (35 km west-southwest of Cape Ann. The city is bordered by Nahant to the south, Swampscott to the east, Salem to the northeast, Peabody to the north, Lynnfield to the northwest, Saugus to the west and Revere (in Suffolk County) to the southeast.

All qualified and interested parties will have the opportunity to tour the property during scheduled appointments and obtain a current rent roll &  additional information upon request.

Lynn, Essex County, MA

Western Avenue Retail Offering Memo