Town Fair Tire Investment
255 New State Hwy, Raynham, MA 02767
Net-lease investment opportunity with a strong performing tire retailer.
Type:Retail
Property size:
7,005 SFPrice / SF:
$531/SF- Added:
- Feb 23, 2026
- Days on Market:
- 79
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 255 New State Hwy
General Information
- Standard status
- Active
- Size
- 7,005 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2000
Listing agent Dean Zang License #MD 665335
Listing office Marcus & Millichap - Washington, D.C.
Listing date Feb 23, 2026
Source Crexi
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 Marcus & Millichap - Washington, D.C.
HighLights
- Long‑term absolute NNN lease with 16 years remaining and 10% rent increases every 5 years.
- Zero landlord responsibilities; tenant handles all operating, capital expenses, roof, and structure.
- Strong performing store, ranked #55 out of 119 locations by Placer.ai based on visits per square foot.
- Located in a strategically important retail location off Rt‑24 (Greater Boston), near major retailers and with high traffic count (27,000 vehicles daily).
- Durable industry positioned for growth due to increased tire wear from electric vehicles.
- Over 50 recent comparable sales of tire retailers demonstrate strong investment potential (5.34% to 6.03% cap rates).
Overview
This Town Fair Tire property is strategically located off Route 24 on Greater Boston’s Route 44/New State Highway in Raynham, Massachusetts, near Exit 20 of Route 24. The location is close to Cape Roads Plaza, anchored by ALDI, Dollar Tree, and AAA, and across the street from Shaw’s Plaza with Marshall’s, PetSmart, and Bernie & Phyl’s. New State Highway sees approximately 27,000 vehicles daily. The property is positioned in one of the chain’s best retail locations. Town Fair Tire strictly sells tires and wheels. The tenant has sole responsibility for all operating and capital expenses, including roof and structure, making this a truly absolute net-lease investment. The property has 16 years remaining on the base term with 10% rent increases every 5 years. The property is positioned for strong growth as electrical cars wear out tires more quickly, which will only increase the demand for tires as the country transitions to electric cars. The building size is 7,005 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Town Fair Tire
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Raynham
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.055048
- Latitude
- 41.905475
Nearby Similar for Sale
FAQs
What type of property is this?
NNN property - Net-lease investment opportunity with a strong performing tire retailer.
Where is this nnn property located?
The property is located at 255 New State Hwy Raynham, MA.
What is the asking price?
The asking price for this property is $3,721,000.
What are key features of this property?
This property features: Long‑term absolute NNN lease with 16 years remaining and 10% rent increases every 5 years.; Zero landlord responsibilities; tenant handles all operating, capital expenses, roof, and structure.; **Strong performing store**, ranked #55 out of 119 locations by Placer.ai based on visits per square foot.
