Red Robin

269 Colony Place, Plymouth, MA
Deal Type:
Net Lease
Price:
$3,480,000
Cap Rate:
5.75%
Current Rent:
$200,100
Lease Type:
Ground Lease
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 10 years
Renewal Options:
2 x 5 Years
Building Sq. Ft.:
6,670 SF
Site Size:
0.27 Acres

Investment Highlights

  • Absolute NNN – No landlord responsibilities
  • Brand new 10 – year lease extension executed during Covid
  • Average household incomes in excess of $118,000 and $132,000 within 10 and 15 miles respectively
  • Located near the intersection of Route 3 and Route 44 – the region’s primary north-south and east-west highways
  • Located within 1 million square foot Colony Place mixed use development, strategically at the entrance with visibility from a signalized interchange
  • Nearby National Retailers include: Walmart Supercenter, Aldi, Best Buy, Dick’s Sporting Goods, Olive Garden, TJ Maxx, Starbucks, Chipotle, Chick fil A, La-Z-Boy, Wendy’s, DSW, and Petco

Listing Agents

Breanna Rusk

Vice President
714 722 4110
Breanna@stream-cp.com

Sasha Dominguez

Vice President
786 443 4960
Sasha@stream-cp.com

Phil DiGennaro

Managing Director
203 610 1541
Phil@stream-cp.com

In Association with ParaSell, Inc. | A Licensed Massachusetts Broker #423311-RE-C

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