Well-located investment opportunity for immediate cash flow and excellent long-term growth in an expanding market. A mix of retail and residential uses creates lower risk. Current capitalization rate is 5.5% with an immediate opportunity to increase apartment rents. The liquor store is under a 25 year lease at approx $31/fooot with 19.7 years remaining. The retail lease is triple net with price index increases every 3 years. This prime location in the Readville area of Hyde Park has immediate access to the Readville commuter rail station only two hundred yards away. It very well-positioned between Milton to the east and Dedham to the west. There will be two group showings: Thursday October 24 at 11am until noon. Tuesday October 29 from noon until 1pm. Register with the Seller's broker. Offers will be reviewed on Friday, Nov 1
175-179 Wolcott Sq, Boston, (Hyde Park), MA, 02136
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