Entity Owned Property summary
This exceptional investment opportunity presents a 9,723-square-foot flex space building located at 1191 Millbury Street in Worcester, Massachusetts. The property, built in 1998, is a Class B, two-story structure situated on a 1.38-acre lot and zoned MG-1. Currently 100% occupied by a single tenant under a Net Net Net (NNN) lease expiring May 30, 2029, this property offers a secure, long-term investment. The lease includes rent bumps, ensuring consistent income growth. The building features… 20 parking spaces and benefits from excellent highway access, less than half a mile from Route 146, with easy access to I-90, Route 20, and I-290. This prime location boasts a strong demographic profile, serving a 10-mile population of 400,000 with an average household income of $104,000. The tenant, Resinate Dispensary, has operated successfully at this location since 2019, benefiting from the proximity to major retailers like Walmart, Gamestop, GNC, and Greatclips. The asking price for this fee-simple ownership opportunity is $3,100,000. This is a core NNN investment with a five-year lease term providing stability and potential for appreciation.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Alternative use
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