3012 Cranberry Hwy, Wareham, MA 02571

2,858 SF | Retail Building | Wareham, MA 02571 | $2,115,062 ($740/SF) | 6.50% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $2,115,062

Property Type
Retail
Square Feet
2,858 SF
Price / Square Foot
$740

Listing Contacts

Eric Suffoletto
Eric Suffoletto
Verified Profile
Tom Hovey
Tom Hovey
Verified Profile
Danny Griffin
Danny Griffin
Verified Profile
Matt Austin
Matt Austin
Verified Profile
  • Property Info

Property Overview

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Burger King located in Wareham, Massachusetts. This 3,189 SF asset has been 100% occupied by Burger King since 2009 with unmatched visibility along Cranberry Highway in a retail market servicing the coastal communities of Buzzard’s Bay. Situated at 3012A Cranberry Highway, the 20-year lease was signed in 2009 and the rent commenced on 12/23/2009. The lease includes one (1) ten (10) year option. Burger King is currently paying $127,887 which increaes in December 2024 to $137,479. Burger King would pay $147,790 in their first and only option

Property Details

Class
B
Year Built/Renovated
1980/1995
Stories
1
Lot Size (sq. ft)
40,946 SF

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