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Andover, MA NNN Properties for Sale

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NNN-Leased Child Care Center
Updated: Sep 30
NNN-Leased Child Care Center

516 South Main Street, Andover, MA 01810

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21,822 sqft 2.25 AC lot
Approximately 21,822 rentable square feet of building space
Situated on an estimated 2.25‑acre parcel
24‑year triple‑net lease commenced 4/29/2016
Scheduled annual rent increases of 3.00%
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
1 active listing matches your search: NNN for sale in Andover, MA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

111 Salem St, Boston, MA 02113

$4,995,000
4,500 sqft

Three commercial levels combine restaurant infrastructure with three vacant apartments and an existing NNN lease through December 2027.

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Fully Leased NNN Property
Fully Leased NNN Property

85-95 Salem St, Boston, MA 02113

Contact for pricing
4,729 sqft

Existing retail occupancy is supported by a triple-net lease structure.

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Corner Lot Retail Storefront
Corner Lot Retail Storefront

8 Bigelow Ave, Watertown, MA 02472

Contact for pricing
1,131 sqft

Corner lot storefront with large windows and separate-access basement space under a triple net structure.

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Absolute NNN CVS Pharmacy
Absolute NNN CVS Pharmacy

27 Main Street, Watertown, MA 02472

Contact for pricing
12,113 sqft

Investors can acquire a CVS Pharmacy with an absolute NNN lease, corporate guaranty, and more than 10 years remaining.

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Andover, MA Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Andover, MA on our real estate platform. These investment opportunities span a total of 21,822 square feet of properties for sale.

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Demographics Overview

Population 36K
Population Growth (5Y) +0.0%
Median Household Income $167,591
College Educated 23.3%

Taxes & Financing

Tax Rate (average for all types) 2.34%
Property Tax per SF $21.95 per SF
Tax Rate vs County Average 0.64 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Andover fall within the 100,000+ square foot range.

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