Storefront Retail
For Sale
Contact for pricing
121 Nantasket Avenue Unit 1, Hull, MA 02045
A flexible commercial interior has high ceilings, mini-split heating and cooling, and potential for owner-discussed build-out.
Property Size1,400 SF
Price / SF$2.29
Days on Market8
Property Features for 121 Nantasket Avenue Unit 1
General Information
Standard status
Active
Size
1,400 SF
Property subtype
Commercial
Building Details
Year Built
2021
Listing Agency:
Charisma Realty, Inc.
(781) 925-0910
Listed By:
Andrea Cohen
(781) 290-6764
Source:
Lockandkeyre
Added: Oct 8
Changed: Oct 15
Last Checked: Oct 15 at 12:12AM
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 Charisma Realty, Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,400-square-foot storefront was built in 2021 and is currently occupied by a cycle store. High ceilings and mini-split systems for heating and air conditioning serve the space. The owner is open to discussing build-out plans with a prospective tenant.
The property is across from Nantasket Beach on Nantasket Avenue in Hull. On-street parking is available in front of the space, with additional parking across the street.
The proposed lease term is five years. The tenant is responsible for electricity, water, sewer, and a portion of estimated taxes and insurance.
The property is across from Nantasket Beach on Nantasket Avenue in Hull. On-street parking is available in front of the space, with additional parking across the street.
The proposed lease term is five years. The tenant is responsible for electricity, water, sewer, and a portion of estimated taxes and insurance.
Key Highlights
- 1,400‑square‑foot storefront
- Built in 2021
- High ceilings and mini‑split heating and air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,003
Suggested Prices Based on Cap Rates
Cap Rate 5%
$460,060
$460.1K
Cap Rate 7%
$328,614
$328.6K
Cap Rate 9%
$255,589
$255.6K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$33.6K $24.00/SF
− Vacancy
−$739 −$0.53/SF
EGI
$32.9K $23.47/SF
− OpEx
−$9.9K −$7.04/SF
NOI
$23.0K $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%
$460,060
Cap Rate 7%
$328,614
Cap Rate 9%
$255,589
Alternative Uses
Best Use
Retail
$328.6K
$287.5K – $383.4K
NOI $23,003 @ 7.0% cap · market cap 718.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$828.8K
$725.2K – $966.9K
NOI $58,016 @ 7.0% cap · market cap 1,813.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02045, MA
10,072
Population
5,733
Households
1.8
Avg Household Size
54
Median Age
52%
College-Educated
97%
High-School Grad
2.7 sq mi
ZIP Area
3,730
Density / Sq Mi
$127,112
Median Household Income
$63,327
Median Earnings
$1,885
Median Rent
$606,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Nantasket Flowers — 293 Nantasket Ave, Hull, MA 02045
Frequently Asked Questions
What type of property is this?
Storefront property - A flexible commercial interior has high ceilings, mini-split heating and cooling, and potential for owner-discussed build-out.
Where is this storefront property located?
The property is located at 121 Nantasket Avenue Unit 1 Hull, MA.
What are key features of this property?
This property features: 1,400‑square‑foot storefront; Built in 2021; High ceilings and mini‑split heating and air conditioning
