206 Washington St North Attleboro, MA 02760-2390

Lantern Plaza, a Class A retail property in North Attleborough, MA, presents a compelling investment opportunity. This 71,297 square foot shopping center is anchored by a Stop & Shop grocery store, which has occupied the space since its construction in 1993 and recently extended its lease through December 2028. The property boasts 100% occupancy, with a second tenant, a restaurant, under a lease extending to February 2026. The Stop & Shop lease is a net lease with a corporate guarantee, providing strong tenant credit. The property features 490 parking spaces and sits on a 12.85-acre lot zoned C60 - Limited Highway Commercial District. Located on Route 1 (East Washington Street), at a signalized intersection, the property benefits from high visibility and significant traffic volume (15,267 vehicles per day). The property underwent renovations in 2018, demonstrating the tenant's long-term commitment. The asking price is $18,700,000, representing a 7.30% cap rate and a net operating income (NOI) of $1,355,596. The property is offered free and clear of existing debt. Detailed lease information and rent bumps are available upon request. This is a stabilized, net lease investment with a strong tenant and excellent location.