Verizon Net-Leased Brick
79 MAIN ST Northfield, MA 01360
For Sale
Contact for pricing
Single-tenant, net-leased Verizon building on Main Street/Route 63 with a lease in place through 2029.
Property Size1,404 SF
Lot Size0.29 Acres
Price / SF$128.21
Days on Market52
Property Features for 79 MAIN ST
General Information
- Standard status
- Active
- Size
- 1,404 SF
- Lot size
- 0.29 Acres
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1974
Listing Agency:
Newmark - Boston
(617) 863-8090
Listed By:
Joseph Alvarado · License #MA 9028884
Source:
Crexi
Added: Jun 2
Changed: Jul 10
Last Checked: Jul 22 at 1:20PM
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
Investment Insights
Based on property information with market context.
This single-tenant, net-leased brick storefront is occupied by Verizon under a sale-leaseback structure. The property is offered with a fixed NNN rent schedule and remains leased through December 31, 2029. The asset includes a 1,404 square foot building situated on a 0.29-acre parcel.
Located at 79 Main Street in Northfield, Massachusetts, the property is positioned along Main Street/Route 63, described as the primary north–south corridor through town connecting Amherst to the New Hampshire state line. The offering notes the surrounding rural New England setting and a local community population of roughly 3,000 residents, along with proximity to neighborhood amenities and limited competing commercial inventory in the immediate area.
For investors seeking a professionally managed, single-tenant structure, this asset is presented as an NNN lease with a sale-leaseback arrangement and a stated 8% capitalization rate on the fixed rent schedule. Buyers should perform their own due diligence regarding lease terms, landlord responsibilities, and any other underwriting considerations.
Located at 79 Main Street in Northfield, Massachusetts, the property is positioned along Main Street/Route 63, described as the primary north–south corridor through town connecting Amherst to the New Hampshire state line. The offering notes the surrounding rural New England setting and a local community population of roughly 3,000 residents, along with proximity to neighborhood amenities and limited competing commercial inventory in the immediate area.
For investors seeking a professionally managed, single-tenant structure, this asset is presented as an NNN lease with a sale-leaseback arrangement and a stated 8% capitalization rate on the fixed rent schedule. Buyers should perform their own due diligence regarding lease terms, landlord responsibilities, and any other underwriting considerations.
Key Highlights
- Single‑tenant, net‑leased Verizon building on Main Street/Route 63 in Northfield, MA
- Lease runs through December 31, 2029 under a sale‑leaseback structure
- 8% capitalization rate on a fixed NNN rent schedule
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
FAQs
What type of property is this?
NNN property - Single-tenant, net-leased Verizon building on Main Street/Route 63 with a lease in place through 2029.
Where is this nnn property located?
The property is located at 79 MAIN ST Northfield, MA.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Single‑tenant, net‑leased Verizon building on Main Street/Route 63 in Northfield, MA; Lease runs through December 31, 2029 under a sale‑leaseback structure; 8% capitalization rate on a fixed NNN rent schedule
