72 Minot AveWareham, MA 02571

Property Details for 72 Minot Ave

Year built

1950

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

4.52 AC

Property size (Sq ft)

17,604 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

WARE M:00044 B:000 L:01000

APU

WAREM00044B000L01000

Description

This exceptional 17,600-square-foot industrial warehouse unit offers a unique sublease opportunity until December 31, 2024, with United Rentals. Thereafter, the space is available directly from the landlord at a competitive net-net-net (NNN) rate of $16.50 per square foot. The unit itself encompasses 2,500 square feet of readily available space, perfect for a variety of industrial uses. Key features include a 14' x 14' power grade-level door, facilitating easy loading and unloading. The unit also boasts a floor drain with an oil/water separator, ensuring environmental responsibility. Employee and client convenience is addressed with one ADA-compliant bathroom and six dedicated parking spaces. The space is equipped with 200 AMP, three-phase electrical service and natural gas hot air heating. High ceilings (16 feet) provide ample vertical space, and internet wiring is already in place (tenant responsible for service). A slop sink in the bay area adds functionality. The property includes a partially fenced and gated yard area, enhancing security. Municipal sewer service is available. Please note that automotive and cannabis-related uses are prohibited. This is an excellent opportunity to secure a well-maintained, functional warehouse space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,278,386

  6.5%

  $3,949,280

  7%

  $3,667,188

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,796,350

  Geo Method

  $5,796,350

• Alternative Use

  Use

  Valuation

  Residential

  $3,331,365

  Hospitality

  $3,051,513

  Educational

  $2,538,823

  Medical

  $2,626,137

  Retail

  $3,949,280

Location Insight

City

Wareham

County

Plymouth

State

Massachusetts

Latitude

41.7572

Longitude

-70.6889

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.