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    Property profile & analytics
    OFF-MARKET Estimated value $2,160,000
    Retail space

    197 Boston Tpke, Shrewsbury, MA 01545-2545

    11,250 SF 1.3 ac lot Built 1999
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US38-1177247
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 205-square-foot ATM space within a thriving CVS Pharmacy located at 197 Boston Turnpike in Shrewsbury, Worcester County. The property is a single-tenant retail space offering a highly visible and accessible location for an ATM. Given its placement within a busy CVS, this space benefits from consistent foot traffic generated by the pharmacy's customer base, ensuring high transaction volume potential. The property's convenient location along the Boston Turnpike guarantees excellent visibility and accessibility for potential ATM users. This turnkey solution requires minimal setup and offers immediate revenue generation potential. The space is currently available for lease, presenting a unique opportunity for investors seeking a stable, high-return investment in a prime retail location. The property's single-tenant occupancy simplifies management and reduces operational complexities. This is an ideal investment for those seeking a low-maintenance, high-yield asset in a densely populated area with strong demographics. The property's classification as both retail and special purpose reflects its unique and lucrative nature. Serious inquiries are encouraged to explore this exceptional opportunity further.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1999
    Construction STEEL FRAME
    Total area 11,250 SF
    Lot 1.3 ac (56,628 SF)
    Zoning code CB
    APN SHRE M:32 B:096000
    UPID US38-1177247
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • CVS Photo (Bike/Boat/Book/etc) Store
    • Bank of America ATM Atm
    • CVS Pharmacy
    • CVS Pharmacy Pharmacy
    • TD Bank ATM Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.56M
    Comparable Approach Comparable
    $2.22M
    Blend (final) Blend
    $2.16M
    Owner & transaction history
    Falcon Rlty Holdings LLC · 5 yrs held
    Falcon Rlty Holdings LLC
    since 2021
    1 recorded transaction
    2021
    Zoning & alternative use
    CB · Shrewsbury, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $2.1M +20.2%
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