Verizon Net-Leased Brick
For Sale
Contact for pricing
79 MAIN ST, Northfield, MA 01360
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 Market97
Property Features for 79 MAIN ST
General Information
Standard status
Active
Size
1,404 SF
Lot size
0.29 Acres
Property subtype
Special Purpose
Zoning
RA
Occupancy
100%
Lease Type
NNN
Net Operating Income
$14,400
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
8%
Building Details
Year Built
1974
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Newmark - Boston
Listed By:
Joseph Alvarado · License #MA 9028884
(617) 863-8090
Source:
Crexi
Added: Jun 2
Changed: Aug 14
Last Checked: Aug 29 at 9:08PM
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
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
Explore this area
Business Placement
Demographics for 01360, MA
2,871
Population
1,415
Households
2
Avg Household Size
49
Median Age
43%
College-Educated
93%
High-School Grad
34.3 sq mi
ZIP Area
84
Density / Sq Mi
$102,470
Median Household Income
$52,269
Median Earnings
$1,189
Median Rent
$337,200
Median Home Value
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Frequently Asked Questions
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
