658 Pearl St Gardner, MA 01440-1749

This exceptional investment opportunity presents a 5,020 square foot, single-tenant industrial/retail building situated on a 2.79-acre lot in Gardner, Massachusetts. The property boasts a strong, credit-rated corporate tenant (Monro, Inc.) under an absolute NNN lease with significant remaining term (11.8 years) and four 5-year renewal options. Built in 1995, the building enjoys a prime location near major thoroughfares, ensuring high visibility and accessibility. The lease features annual rent increases and a substantial rent bump in 2033, providing consistent income growth. The property's current Net Operating Income (NOI) is $66,786, yielding a 7.60% cap rate. The tenant, Tire Warehouse, has demonstrated a long-term commitment to the location, having recently extended their lease. Financial performance shows consistently growing sales, resulting in a low rent-to-sales ratio. This offering presents a secure, passive income stream with significant upside potential. The asking price is $879,000, translating to $175.10 per square foot and $156.52 per square foot of land value. The property is offered fee simple.