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Single-Tenant Net-Lease Property

20 Longwater Drive, Rockland, MA 02370

For Sale
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A brick building on an industrially zoned parcel is offered with a proposed tenant sale-leaseback.

Property Size1,728 SF
Lot Size0.87 Acres
Price / SF$260.42
Days on Market15

Property Features for 20 Longwater Drive

General Information

Standard status Active
Size 1,728 SF
Lot size 0.87 Acres
Property subtype Special Purpose
Net Operating Income $36,000

Financials

Asking Price $450,000
Cap Rate 8%

Building Details

Buildings 1
Construction brick
Tenancy Single
Listing Agency: Newmark - Boston
Listed By: Joseph Alvarado · License #MA 9028884
Source: Crexi
Added: Oct 26 Changed: Nov 8 Last Checked: Nov 8 at 5:22PM

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 Newmark - Boston

Rey
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Investment Insights

Based on property information with market context.

This single-tenant net-lease property comprises a 1,728-square-foot brick building on a 0.87-acre site. The proposed Verizon sale-leaseback runs through December 31, 2029, with NNN base rent. The site is industrially zoned; future commercial or industrial use would be subject to zoning and required approvals.

Located in Assinippi Park in Rockland, the property has access to Routes 3 and 228. Corporate, healthcare and industrial employers are in the surrounding area, with retail and dining options at Derby Street Shops.

Key Highlights

  • 1,728‑square‑foot brick building
  • 0.87‑acre industrially zoned site
  • Proposed Verizon sale‑leaseback through December 31, 2029

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

NNN properties

Suggested Use

Top Pick Parking Lot & Garage Bakery HVAC Service Veterinary Clinic (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

618
Businesses Nearby

Demographics for 02370, MA

17,803
Population
7,046
Households
2.5
Avg Household Size
43
Median Age
34%
College-Educated
96%
High-School Grad
10.0 sq mi
ZIP Area
1,780
Density / Sq Mi
$101,475
Median Household Income
$59,489
Median Earnings
$1,497
Median Rent
$452,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
NNN property - A brick building on an industrially zoned parcel is offered with a proposed tenant sale-leaseback.
Where is this nnn property located?
The property is located at 20 Longwater Drive Rockland, MA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,728‑square‑foot brick building; 0.87‑acre industrially zoned site; Proposed Verizon sale‑leaseback through December 31, 2029
(617) 863-8147 · Office Call to check price and availability
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