424 State Rd Whately, MA 01373
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8,300 SF retail property fully leased to cannabis retailer.
Property size:
8,300 SFLot size:
1.32 AcresProperty Features for 424 State Rd
General Information
- Size
- 8,300 SF
- Lot size
- 1.32 Acres
Source:
Moodyscre
Listing Agency: Region Commercial Listing Agent: Mitch Bolotin
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Retail Property on Busy Corner
This approximately 8,300 square foot retail property is located on the busy 5 & 10 in Whately, MA. The building, a condo at 420 State Road, sits at the corner of a busy intersection, just off of Exit 35 on I-91. Recent improvement projects include a fully renovated store area with new mechanicals, electrical, and plumbing. The property is fully leased to cannabis retailer, Cheech & Chong's Dispensaries on a net leased basis. The entry cap rate for the property according to 2023 numbers was approximately 9.3%. The property comes with ample parking and access off both 116 and Route 10.
Location Intelligence
Current Use by Public Records
Dr. Adele M. ...
Pediatrician
Deerfield Adult Medicine: ...
Physician
ChargePoint Charging Station
Electric Vehicle Charging Station
Deerfield Pediatrics
Pediatrician
Randhawa Sanjeevan MD
Physician
Location Insight
- Map
- Local Demand
- City
- Whately
- County
- Franklin
- State
- Massachusetts
- Longitude
- -72.6140465
- Latitude
- 42.470101
FAQs
What type of property is this?
Retail space - 8,300 SF retail property fully leased to cannabis retailer.
Where is this retail space located?
The property is located at 424 State Rd Whately, MA.
What are key features of this property?
This property features: - Fully leased to Cheech & Chong's Dispensaries, offering immediate income on a net lease basis.; - High entry cap rate of approximately 9.3% based on 2023 figures.; - Located at a busy intersection off Exit 35 on I-91, offering high visibility.
