464-470 E Ashland St, Brockton, MA
6,350 SF retail strip center on 46,700 SF land.
- Added:
- Jan 27, 2025
- Days on Market:
- 503
- Last Refresh:
- May 20 at 9:36 pm
Property Features for 464-470 E Ashland St
General Information
- Standard status
- Active
- Size
- 6,350 SF
- Lot size
- 0.57 Acres
- Property subtype
- RETAIL
Listing agent Matt Javitch
Listing office Centre Realty Group (617) 332-0077
Listing date Jan 27, 2025
Source Moodyscre
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 Centre Realty Group
HighLights
- Prime location in the heart of Brockton, MA, offering high visibility and accessibility.
- 6,350 SF retail/strip center property on a large 46,700 sqft lot.
- Strong tenant occupancy with 4 tenants currently occupying 5 units.
- Potential for further development due to the large lot size.
- 50 parking spaces available.
- Two separate parcels totaling 46,700 sqft.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $141.0k | $22.20 |
| − Vacancy | −$12.0k | −$1.89 |
| EGI | $129.0k | $20.31 |
| − OpEx | −$38.7k | −$6.09 |
| NOI | $90.3k | $14.22 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brockton
- County
- Plymouth
- State
- Massachusetts
- Longitude
- -70.9988
- Latitude
- 42.0985
