Two-Story Drug Store
For Sale
Contact for pricing
21 Main St, Maynard, MA 01754
Fee-simple, two-story drug store leased to Walgreens with 21-space parking and triple-net structure.
Days on Market111
Property Features for 21 Main St
General Information
Standard status
Active
Total Parking Spaces
21
Property subtype
Retail
Occupancy
100%
Site & Location
Traffic Count
20,200 vehicles/day
Road Access
Yes
Building Details
Stories
2
Tenancy
Single
Listing Agency:
JLL Chicago | Americas Headquarters
Listed By:
Alex Sharrin · License #IL 475.170243
Source:
Crexi
Added: Apr 11
Changed: Jul 20
Last Checked: Jul 23 at 11:21AM
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 JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer for sale the fee-simple interest in a two-story commercial building fully leased to Walgreens (“Property”). Walgreen Eastern Co. (“Tenant”) opened for business at the site in 2009 and has over 12.5 years remaining in their original 25-year term. The absolute triple-net lease is presented as providing a passive income structure with zero landlord responsibilities.
The Property features frontage and access to its 21-space parking lot along Main and Summer streets, with approximately 120,200 VPD noted in the remarks.
Public remarks also state that Walgreens closed operations at this location in 2015 following a shift in retail strategy. The offering further describes the Property as a newly renovated primary care/retail space in an affluent (average $135,000 household income) Boston suburb, with over 12 years of corporately guaranteed cash flow.
The Property features frontage and access to its 21-space parking lot along Main and Summer streets, with approximately 120,200 VPD noted in the remarks.
Public remarks also state that Walgreens closed operations at this location in 2015 following a shift in retail strategy. The offering further describes the Property as a newly renovated primary care/retail space in an affluent (average $135,000 household income) Boston suburb, with over 12 years of corporately guaranteed cash flow.
Key Highlights
- Fee‑simple interest in a two‑story commercial building fully leased to Walgreens
- Triple‑net lease structure with zero landlord responsibilities (absolute NNN)
- Walgreens opened in 2009 and has over 12.5 years remaining in an original 25‑year term
Property Analytics
Current Use
Lease Details
20,200 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
Explore this area
Business Placement
Demographics for 01754, MA
10,730
Population
4,845
Households
2.2
Avg Household Size
43
Median Age
64%
College-Educated
96%
High-School Grad
5.2 sq mi
ZIP Area
2,063
Density / Sq Mi
$119,549
Median Household Income
$74,452
Median Earnings
$1,678
Median Rent
$494,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
NNN property - Fee-simple, two-story drug store leased to Walgreens with 21-space parking and triple-net structure.
Where is this nnn property located?
The property is located at 21 Main St Maynard, MA.
What are key features of this property?
This property features: Fee‑simple interest in a two‑story commercial building fully leased to Walgreens; Triple‑net lease structure with zero landlord responsibilities (absolute NNN); Walgreens opened in 2009 and has over 12.5 years remaining in an original 25‑year term
