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Absolute NNN-Leased Property

389-391 Oakland Street, Mansfield, MA 02048

For Sale
New
$2,875,000

A long-term tenant occupies a headquarters facility under a lease that assigns no landlord responsibilities.

Property Size1,954 SF
Lot Size1.30 Acres
Price / SF$221.15
Days on Market7

Property Features for 389-391 Oakland Street

General Information

Standard status Active
Size 1,954 SF
Lot size 1.30 Acres
Lease Term Listing ID: 73598132, Standard Status: Active, MLS Status: Active, Property Subtype: Commercial Sale

Additional Details

Tenant in Place Yes

Building Details

Building Size 1,954 SF
Year Built 1954
Buildings 3
Tenancy Single
Listing Agency: Coldwell Banker Realty - Westwood
Listed By: Francis J. Curran
Source: Iverty
Added: Nov 3 Changed: Nov 8 Last Checked: Nov 8 at 5:42AM

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 Coldwell Banker Realty - Westwood

Rey
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Investment Insights

Based on property information with market context.

At 389-391 Oakland Street in Mansfield, the property comprises three separate buildings across two lots totaling approximately 1.3 acres. The improvements date to 1954, and the leased premises serve as a headquarters facility for a long-term tenant.

The absolute NNN lease provides for 3.0% annual rent increases and places no landlord responsibilities on the owner.

Key Highlights

  • Three separate buildings across two lots
  • Approximately 1.3 acres in total
  • Absolute NNN lease with 3.0% annual rent increases

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Real Estate Agency Restaurant HVAC Service Pharmacy Law Firm Electrical Service

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

135
Businesses Nearby

Demographics for 02048, MA

23,860
Population
9,228
Households
2.6
Avg Household Size
40
Median Age
51%
College-Educated
96%
High-School Grad
20.1 sq mi
ZIP Area
1,187
Density / Sq Mi
$131,409
Median Household Income
$65,154
Median Earnings
$1,702
Median Rent
$571,000
Median Home Value

Frequently Asked Questions

What type of property is this?
NNN property - A long-term tenant occupies a headquarters facility under a lease that assigns no landlord responsibilities.
Where is this nnn property located?
The property is located at 389-391 Oakland Street Mansfield, MA.
What is the asking price?
The asking price for this property is $2,875,000.
What are key features of this property?
This property features: Three separate buildings across two lots; Approximately 1.3 acres in total; Absolute NNN lease with 3.0% annual rent increases
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