Freestanding CVS
For Sale
Contact for pricing
171 North Main Street, Randolph, MA 02368
Single-tenant occupancy is paired with a double-net lease and limited landlord responsibilities.
Property SizeContact for details
Days on Market145
Property Features for 171 North Main Street
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
CBRE - Detroit
(617) 953-0152
Listed By:
Peter Furest · License #NY 10401232530
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 1:18AM
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 CBRE - Detroit
Investment Insights
Based on property information with market context.
This offering comprises the fee-simple interest in a freestanding CVS Pharmacy occupied by a single tenant. The property is structured under a double-net lease, with minimal landlord responsibilities identified in the lease arrangement.
The store is positioned at 171 North Main Street in Randolph, Massachusetts, along a primary retail thoroughfare within the Boston MSA. The lease includes two ten-year options, with one option recently extended. Contractual rental increases are set at 9% every 5 years, providing a defined escalation schedule for the lease term.
The store is positioned at 171 North Main Street in Randolph, Massachusetts, along a primary retail thoroughfare within the Boston MSA. The lease includes two ten-year options, with one option recently extended. Contractual rental increases are set at 9% every 5 years, providing a defined escalation schedule for the lease term.
Key Highlights
- Freestanding, single‑tenant CVS Pharmacy
- Fee‑simple ownership interest
- Double‑net lease with minimal landlord responsibilities
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
870
Businesses Nearby
235k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Shops & Services 33%
Groceries 26%
Home Improvements & Furnishings 1%
Shaw's Supermarket
Groceries
40,223 visits/mo
0.2 miles
McDonald's
Dining
33,012 visits/mo
0.2 miles
America's Food Basket
Groceries
20,991 visits/mo
0.3 miles
Dollar Tree
Shops & Services
20,052 visits/mo
0.2 miles
Wendy's
Dining
18,099 visits/mo
0.3 miles
Demographics for 02368, MA
35,025
Population
13,091
Households
2.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
9.3 sq mi
ZIP Area
3,766
Density / Sq Mi
$103,321
Median Household Income
$52,614
Median Earnings
$2,049
Median Rent
$464,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Son Tran — 47 Memorial Pkwy, Randolph, MA 023684505
- Effulgence — 75 N Main St, Randolph, MA 02368
- Walgreens Pharmacy — 170 N Main St, Randolph, MA 02368
- COVID-19 Drive-Thru Testing at Walgreens — 170 N Main St, Randolph, MA 02368
- Steven Anderson — 170 N Main St, Randolph, MA 023684629
Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant occupancy is paired with a double-net lease and limited landlord responsibilities.
Where is this drug store located?
The property is located at 171 North Main Street Randolph, MA.
What are key features of this property?
This property features: Freestanding, single‑tenant CVS Pharmacy; Fee‑simple ownership interest; Double‑net lease with minimal landlord responsibilities
