1-21 Central Sq. Lynn, MA

Investment Summary

Marcus and Millichap is pleased to announce the exclusive listing of a Dunkin Donuts anchored retail property located in Lynn, MA. This space consists of 3,690 SF of street level retail. The building sits on the corner of Central Square and Union Street next to the commuter rail. There is a Shaw’s Supermarket located nearby at Lynn Marketplace. The Boston Globe named Lynn one of the “Top spots to live in Greater Boston in 2018”. This transit oriented property is located just a one minute drive away from Route 1, which goes straight into Boston. The property is also just a one minute walk from Central Square Station (MBTA Commuter Rail). Lynn’s Central Square was added to the National Register of Historic Places in 1985.

Area Map

Property Details

1-21 Central Sq. Lynn, MA

$895,000

3,690 SF

8,712 SF Lot

4 Units

5.75% Current Cap Rate

5.82% Year 1 Cap Rate

OFFERING MEMORANDUM

Agent Contact

Evan Griffith

(617) 896-7221

evan.griffith@marcusmillichap.com

Tony Pepdjonovic

(617) 896-7277

tony.pepdjonovic@marcusmillichap.com