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Property profile & analytics
OFF-MARKET Estimated value $835,000
Banks

51 Commercial St Braintree, MA 02184-4391

10,518 SF 0.71 ac lot Built 1936
Individually Owned 9-yr Hold ~ Est. High Equity
Property ID
US38-0307316
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple, 8,870 square foot, single-story retail center in Braintree, Massachusetts. Located on a 0.71-acre lot at the highly visible, signalized intersection of Commercial Street, Shaw Street, and Quincy Avenue, this property boasts three strong tenants: 7-Eleven, Eastern Bank, and T-Mobile, all under triple-net (NNN) leases. The property enjoys 100% occupancy, generating a substantial net operating income (NOI) of $296,394, representing a 6.03% capitalization rate on the $4,912,000 asking price. 7-Eleven, a long-term tenant since 2004, recently completed interior renovations, showcasing their commitment to the location. Their lease includes a percentage rent clause, offering additional income potential. Eastern Bank, a major regional player, and T-Mobile also occupy the space, providing a diverse tenant mix. All leases feature attractive rent bumps, with 7-Eleven and Eastern Bank experiencing increases at the start of each option period (1, 5-year option for 7-Eleven

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1936
Construction FRAME
Total area 10,518 SF
Lot 0.71 ac (31,050 SF)
Zoning code BUS
APN BRAI M:3006 B:0 L:6
UPID US38-0307316
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
  • T-Mobile Authorized Retailer Mobile Phone Store Electronics & Wireless Store
  • 7-Eleven Grocery & Convenience Store
  • Eastern Bank Bank Loan Service
  • Citibank ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$675k
CAP Approach CAP
by Request
Comparable Approach Comparable
$996k
Blend (final) Blend
$835k
Owner & transaction history
Braintree Commercial St · 9 yrs held
Braintree Commercial St
since 2016
3 recorded transactions
2016
$2.7M
1992
Price N/A
1990
$300,700
Zoning & alternative use
BUS · Braintree, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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