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Retail Property on Oversized Parcel

75 Market St Rockland, MA

75 Market St, Rockland, MA, 00000
Contact for pricing
For Sale
Contact for pricing

NNN leased retail property on a large 2.9-acre parcel.

Property Size13,585 SF
Lot Size2.53 Acres
Price / SF$331.25
Days on Market338

Property Features for 75 Market St

General Information

Standard status
Active
Size
13,585 SF
Lot size
2.53 Acres
Property subtype
RETAIL
Listing agency Matthews Real Estate Investment Services | Atlanta
Listed by Connor Knauer
Source Moodyscre
Added: Aug 19, 2025 Updated: Jul 6 at 9:56AM Checked: Jul 22 at 4:16AM

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 Matthews Real Estate Investment Services | Atlanta


Investment Insights

Based on property information with market context.

This retail property is situated on an oversized approximately 2.9-acre parcel. The lease structure is absolute NNN, meaning there are zero landlord responsibilities. The lease is backed by a corporate guarantee, providing credit security. The property offers potential future redevelopment value.

Key Highlights

  • Absolute NNN lease structure with zero landlord responsibilities, offering true passive income
  • Backed by a corporate guarantee, providing strong credit security for investors
  • Situated on an oversized ±2.9‑acre parcel

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 $326.0k $24.00
− Vacancy −$7.2k −$0.53
EGI $318.9k $23.47
− OpEx −$95.7k −$7.04
NOI $223.2k $16.43
13,585 SF · lease $24.00/SF/yr · vacancy 2.20% · expense 30.00%

Alternative Uses

Best Use
Retail
$3.19M
$2.79M – $3.72M (±1% cap)
NOI $223,207 @ 7.0% cap · market cap 4.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.04M
$7.04M – $9.38M (±1% cap)
NOI $562,959 @ 7.0% cap · market cap 12.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Walgreens Pharmacy Pharmacy FedEx OnSite Postal Service Walgreens Pharmacy TD Bank ATM Atm COVID-19 Drive-Thru Testing ... Pharmacy

Suggested Use

Real Estate Agency Law Firm Dental Office Building Supply Gym & Fitness Center Auto Parts Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - NNN leased retail property on a large 2.9-acre parcel.
Where is this retail space located?
The property is located at 75 Market St Rockland, MA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Absolute NNN lease structure with zero landlord responsibilities, offering true passive income; Backed by a corporate guarantee, providing strong credit security for investors; Situated on an oversized ±2.9‑acre parcel
Contact an agent
(813) 335-5893 Call to check price and availability
More about this property
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