Retail Space with Vanilla Box
For Sale
Contact for pricing
120 West Center # 13, West Bridgewater, MA 02379
Unfinished commercial space supports medical, retail, or office occupancy with dedicated utility metering and on-site parking.
Property Size1,800 SF
Price / SF$0.01
Days on Market682
Property Features for 120 West Center # 13
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Commercial
Zoning
Commercial
Lease Type
NNN
Additional Details
Utilities to Site
Yes
Amenities
separately metered for gas and electricity
own thermostat
Building Details
Building Size
1,800 SF
Year Built
1985
Listing Agency:
1221 Realty Associates
(781) 331-6300
Listed By:
Michael Sahagian
(617) 939-4762
Source:
Churchillprop
Added: Dec 2, 2024
Changed: Oct 6
Last Checked: Oct 14 at 9:46PM
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 1221 Realty Associates
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Investment Insights
Based on property information with market context.
This 1,800-square-foot commercial unit offers unfinished interior space within a professionally managed property. The premises have separate gas and electric meters, an individual thermostat for heating and cooling, and ample on-site parking for occupants and visitors. For a qualified tenant, the landlord will complete a vanilla-box delivery.
The property is positioned on Rt 106, approximately 1 mile from Rt 24, in a high-traffic setting. The space can accommodate medical, retail, or office use, subject to applicable requirements. Lease structure is NNN, with CAM charges based on prior calendar-year property expenses.
The property is positioned on Rt 106, approximately 1 mile from Rt 24, in a high-traffic setting. The space can accommodate medical, retail, or office use, subject to applicable requirements. Lease structure is NNN, with CAM charges based on prior calendar-year property expenses.
Key Highlights
- 1,800 SF of unfinished commercial space
- Located on Rt 106, approximately 1 mile from Rt 24
- Separate gas and electric metering
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,575
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,500
$591.5K
Cap Rate 7%
$422,500
$422.5K
Cap Rate 9%
$328,611
$328.6K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$43.2K $24.00/SF
− Vacancy
−$950 −$0.53/SF
EGI
$42.2K $23.47/SF
− OpEx
−$12.7K −$7.04/SF
NOI
$29.6K $16.43/SF
Area
Plymouth County, MA
Vacancy
2.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,500
Cap Rate 7%
$422,500
Cap Rate 9%
$328,611
Alternative Uses
Best Use
Office B
$537.8K
$470.6K – $627.5K
NOI $37,649 @ 7.0% cap · market cap 188,245.00%
Second Best
Healthcare Medical
$479.5K
$419.6K – $559.4K
NOI $33,566 @ 7.0% cap · market cap 167,830.00%
Theoretical Best
Office A
$1.07M
$932.4K – $1.24M
NOI $74,592 @ 7.0% cap · market cap 372,960.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
278
Businesses Nearby
Explore this area
Business Placement
Demographics for 02379, MA
7,697
Population
2,955
Households
2.6
Avg Household Size
43
Median Age
43%
College-Educated
96%
High-School Grad
15.3 sq mi
ZIP Area
503
Density / Sq Mi
$124,483
Median Household Income
$56,818
Median Earnings
$2,011
Median Rent
$501,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Unfinished commercial space supports medical, retail, or office occupancy with dedicated utility metering and on-site parking.
Where is this retail space located?
The property is located at 120 West Center # 13 West Bridgewater, MA.
What are key features of this property?
This property features: 1,800 SF of unfinished commercial space; Located on Rt 106, approximately 1 mile from Rt 24; Separate gas and electric metering
