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303 Turnpike Road
Westborough, MA 01581
Asking Price
$6.95M
Cap Rate
6.04%
Asset Type
Bank Retail
Class
Class B
What's Special
Retail | 6.04% CAP | 9,581 SqFt <ul><li>Chase Bank-anchored net-leased investment with stable, predictable cash flow</li><li>Strong in-place NOI of $419,990 supported by long-term leases</li><li>Prime Route 9 location with exceptional visibility and direct frontage</li><li>Positioned within a dominant retail corridor alongside Walmart, Target, Starbucks, and McDonald's</li><li>Expansive ±5.82-acre site with approximately 70 parking spaces and excellent accessibility</li></ul>
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NOI
$80,000
Cap Rate
1.15%
DSCR
0.19
Underwater
Cash-on-Cash
-15.95%
Monthly Payment
$34,384.808
Annual Cash Flow
$-332,617.695