Free-Standing Tavern &
For Sale
Contact for pricing
105 Pleasant Valley Street, Methuen, MA 01844
Ground-leased triple-net property with a fully guaranteed lease and direct street frontage on a high-traffic retail corridor.
Property SizeContact for details
Days on Market122
Property Features for 105 Pleasant Valley Street
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Horvath & Tremblay
Listed By:
Todd Tremblay · License #MA 9504145
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 6:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay
Investment Insights
Based on property information with market context.
The offering is the triple-net, ground-leased interest in the Brickhouse Tavern & Tap, a free-standing restaurant and tap concept. The property includes a 7,000-square-foot building on a 2.7-acre lot and is operated under a lease that commenced in 2011. There are five plus years remaining on the original lease term, along with four, five-year renewal options featuring fixed rent escalations. The lease is fully guaranteed by Ignite Restaurant Group, Inc., the parent company and operator of approximately 30 Brickhouse Tavern & Tap locations and 130 Joe’s Crab Shack restaurants across the U.S.
Brickhouse Tavern & Tap is located along a primary retail corridor at the intersection of Route 213 and Route 113 (Pleasant Valley Street) in Methuen, Massachusetts. The property has direct street frontage and benefits from access and visibility in a high-traffic retail area. Interstate-495 is less than a mile to the east and Interstate-93 is less than 4 miles to the west.
The neighborhood includes a mix of national and regional retailers, with nearby options listed including Home Depot, Walmart, Target, major grocery operators, and entertainment such as an approximately 20-screen AMC movie theater.
Brickhouse Tavern & Tap is located along a primary retail corridor at the intersection of Route 213 and Route 113 (Pleasant Valley Street) in Methuen, Massachusetts. The property has direct street frontage and benefits from access and visibility in a high-traffic retail area. Interstate-495 is less than a mile to the east and Interstate-93 is less than 4 miles to the west.
The neighborhood includes a mix of national and regional retailers, with nearby options listed including Home Depot, Walmart, Target, major grocery operators, and entertainment such as an approximately 20-screen AMC movie theater.
Key Highlights
- 7,000 SF free‑standing Brickhouse Tavern & Tap on a 2.7‑acre lot
- Triple‑net, ground‑leased interest with a lease commenced in 2011
- Lease has five‑plus years remaining on the original term plus four, five‑year renewal options with fixed rent escalations
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 01844, MA
52,970
Population
19,496
Households
2.7
Avg Household Size
42
Median Age
30%
College-Educated
89%
High-School Grad
22.1 sq mi
ZIP Area
2,397
Density / Sq Mi
$103,292
Median Household Income
$52,176
Median Earnings
$1,610
Median Rent
$471,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Olive Garden Italian Restaurant — 90 Pleasant Valley St, Methuen, MA 01844
- Starbucks — 67 Pleasant Valley St, Methuen, MA 01844
- TGI Fridays — 90 Pleasant Valley St, Methuen, MA 01844
Frequently Asked Questions
What type of property is this?
Bar & Pub - Ground-leased triple-net property with a fully guaranteed lease and direct street frontage on a high-traffic retail corridor.
Where is this bar & pub located?
The property is located at 105 Pleasant Valley Street Methuen, MA.
What are key features of this property?
This property features: 7,000 SF free‑standing Brickhouse Tavern & Tap on a 2.7‑acre lot; Triple‑net, ground‑leased interest with a lease commenced in 2011; Lease has five‑plus years remaining on the original term plus four, five‑year renewal options with fixed rent escalations
