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    Gloucester, MA
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    Gloucester, MA NNN Properties for Sale

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    Triple-Net Bank Building
    Updated: Apr 11
    Triple-Net Bank Building

    147 Main St, Gloucester, MA 01930

    Contact for pricing
    Single‑tenant Citizens Bank at 147 Main Street, Gloucester, MA, built in 1976
    Approx. 4,596 rentable SF on 0.33 acres
    True triple‑net (NNN) lease extended 10 years with expiration March 31, 2030
    Annual rent set to begin at $79,500 on April 1, 2020, scheduled to increase 2% each year
    2% rent increases continue through the three five‑year option periods
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    See what stands out in Essex County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Gloucester, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Freestanding Restaurant with Commercial Kitchen
    Freestanding Restaurant with Commercial Kitchen

    61 Franklin St, Lynn, MA 01902

    Contact for pricing
    742 sqft

    Single-story restaurant space with storefront glazing, on-site parking, B2 zoning, and an NNN lease structure.

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    Mixed-Use Property with Residence
    Mixed-Use Property with Residence

    98 Foster St, Peabody, MA 01960

    $1,100,000

    Two-level configuration combines retail/automotive space with an upstairs residence and separate utilities.

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    Starbucks Drive-Through Restaurant
    Starbucks Drive-Through Restaurant

    1A Newbury St, Peabody, MA 01960

    Contact for pricing

    Newly constructed branded drive-through restaurant with Tesla supercharger spaces and long-term lease commitments.

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    Walgreens Drug Store with Drive-Through
    Walgreens Drug Store with Drive-Through

    290 Broadway, Lynn, MA 01904

    Contact for pricing

    Leasehold interest secured by an absolute NNN lease with no landlord management or maintenance obligations.

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    Gloucester, MA Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties for sale in Gloucester, MA on our real estate platform.

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    Demographics Overview

    Population 30K
    Population Growth (5Y) -0.6%
    Median Household Income $87,898
    College Educated 27.3%

    Taxes & Financing

    Tax Rate (average for all types) 0.97%
    Property Tax per SF $7.06 per SF
    Tax Rate vs County Average 0.74 pp below 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)

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