1985 Lakeview Ave new Save Request In-Person Tour Request Virtual Tour
Dracut,MA 01826
$ 10000
- Bed
- Bath
3366 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 3,366 sqft
MLS Listing ID 73416025
Year Built 1970
Annual Tax Amount $8,596
Tax Year 2025
Lot Size 0.870 Acres
Property Description
NNN Lease available in April 2026 -a Freestanding ±3,366 SF retail/office building, former Santander Bank branch, with large parking lot, located on a available under a corporate-guaranteed NNN lease with Santander Bank (S&P A- rating) through 9/30/2025. Tenant pays taxes, insurance, CAM, utilities, roof, and structure. The lease includes five (5) 5-year renewal options, with a 10% rent increase at the first renewal and 5% increases at the start of each additional term. Located on ±0.87 acres with 22 on-site parking spaces and excellent visibility on Lakeview Avenue (25,000± VPD). The property is surrounded by national retailers, including CVS, Dunkin', and Enterprise. Zoned B3 – General Business. Ideal passive investment with minimal landlord responsibilities.
Location
State MA
County Middlesex
Zoning B3
Exterior
Utilities Available Public Water,Public Sewer