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Property profile & analytics
FOR SALE
Retail space

424 State Rd Whately, MA 01373

8,300 SF
Property ID
US38-Q002486
Property summary
AI-generated overview

- Region Commercial is pleased to present on an exclusive basis, this approximately 8,300 square foot retail property, located on the busy 5 & 10 in Whitely, MA. - The building is a condo with 420 State Road, and sits at the corner of a busy intersection, just off of Exit 35 on I-91. - Recent improvement projects include fully renovated store area with new mechanicals, electrical and plumbing. - The property is fully leased to cannabis retailer, Cheech & Chong's Dispensaries on a net leased basis. The entry cap rate for the property according to 2023 numbers was approximately 9.3%. The property comes with ample parking, and access off both 116 and Route 10. - If you would like additional information about this property, or to schedule a tour, please reach out to discuss further.

Property profile
Verified
Property type Retail space
Total area 8,300 SF
UPID US38-Q002486
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
  • Dr. Adele M. Checchi, MD Pediatrician Medical Clinic
  • Deerfield Adult Medicine: Scott Karen M MD Physician
  • ChargePoint Charging Station Electric Vehicle Charging Station
  • Deerfield Pediatrics Pediatrician
  • Randhawa Sanjeevan MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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