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459 Washington St
Boston, MA 02111
Teso Life Flagship · Local commercial Bien À vendre
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- • Generational Opportunity to Acquire Teso Life, a Rapidly Growing National Asian Retailer Located in Boston's Downtown Crossing
- • 3% Annual Increases Over 20 Yrs
- • 22 Million Annual Visitations to Downtown Crossing
- • 10 Yr NNN Lease | Corporate Guarantee
- • Rent 40% Below Market
- • Enormous 3 Mile Daytime Population: 1,139,731
Résumé analytique
451-463 Washington Street is a mixed-use building located in Downtown Boston, Massachusetts. The 11-story property combines street-level retail exposure with residential occupancy above, creating a diversified asset in a location characterized by year-round pedestrian activity, transit accessibility, and a dense concentration of employers, residents, tourists, and educational institutions. The property is located along Washington Street near Downtown Crossing Station and within walking distance of the Financial District, Boston Common, Faneuil Hall, and multiple MBTA transit services. Regional access is provided by Interstate 93 and the Massachusetts Turnpike. 451-463 Washington Street offers investors the opportunity to acquire a mixed-use urban property in a location with enduring tenant demand, exceptional walkability, and direct connectivity to the region's transportation network.
1 Lot disponible
- Lot
- Surface du lot
- Usage du lot en coprop.
- Prix
- RNE
| Type de vente | Investissement | Taux de capitalisation | 6,00% |
| Type de vente | Investissement |
| Taux de capitalisation | 6,00% |
Description
Completely Finished and Recently Renovated LL, 1st and 2nd floors
Notes sur la vente
Institutional Property Advisors (IPA) is pleased to exclusively present for sale Teso Life located at 459 Washington Street, a rare opportunity to acquire 20,000 sq ft in Downtown Crossing, Boston’s most popular retail destination
Downtown Crossing is the “Main & Main” location for Boston retail with 22 million annual visitors, and 459 Washington Street is the “Main & Main” location within Downtown Crossing, directly across the street from Macy’s and Primark.
Just steps away from the Freedom Trail, a world-renowned, signature tourist experience attracting over 4 million people annually.
The adjacent Red & Orange Line subway stop that is only 30 feet from 459 Washington Street has the second highest volume in the entire city system with 24,000 people using the stop daily.
TESO Life is a popular and trendy Japanese Department Superstore that is rapidly expanding throughout the U.S. with stores recently opened or opening soon in New York, Dallas, Las Vegas, Philadelphia and Orlando. They have chosen to open up their new Flagship Store for Downtown Crossing.
New, long-term, 10-year lease with parent guarantee at $37 psf is about
40% below the market average rent of $65-$75 psf for multi-?oor space.
Rare, 3% annual increases in rent including during the two, ?ve-year
option periods.
A rare opportunity to acquire a critical mass of 20,000 sq ft of retail condo in downtown Boston with minimal LL responsibility. Nine stories and 41 residential units above are fully responsible for roof and common areas.
2.4% Downtown Crossing / CBD Retail Vacancy Rate.
Downtown Crossing is the “Main & Main” location for Boston retail with 22 million annual visitors, and 459 Washington Street is the “Main & Main” location within Downtown Crossing, directly across the street from Macy’s and Primark.
Just steps away from the Freedom Trail, a world-renowned, signature tourist experience attracting over 4 million people annually.
The adjacent Red & Orange Line subway stop that is only 30 feet from 459 Washington Street has the second highest volume in the entire city system with 24,000 people using the stop daily.
TESO Life is a popular and trendy Japanese Department Superstore that is rapidly expanding throughout the U.S. with stores recently opened or opening soon in New York, Dallas, Las Vegas, Philadelphia and Orlando. They have chosen to open up their new Flagship Store for Downtown Crossing.
New, long-term, 10-year lease with parent guarantee at $37 psf is about
40% below the market average rent of $65-$75 psf for multi-?oor space.
Rare, 3% annual increases in rent including during the two, ?ve-year
option periods.
A rare opportunity to acquire a critical mass of 20,000 sq ft of retail condo in downtown Boston with minimal LL responsibility. Nine stories and 41 residential units above are fully responsible for roof and common areas.
2.4% Downtown Crossing / CBD Retail Vacancy Rate.
| Lot | Surface du lot | Usage du lot en coprop. | Prix | RNE |
| Lot 1A | 1 858 m² | Local commercial | Sur demande | 680 911,63 € |
Lot 1A
| Surface du lot |
| 1 858 m² |
| Usage du lot en coprop. |
| Local commercial |
| Prix |
| Sur demande |
| RNE |
| 680 911,63 € |
1 sur 0
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
Lot 1A
| Surface du lot | 1 858 m² |
| Usage du lot en coprop. | Local commercial |
| Prix | Sur demande |
| RNE | 680 911,63 € |
| Type de vente | Investissement |
| Taux de capitalisation | 6,00% |
| Description | |
| Completely Finished and Recently Renovated LL, 1st and 2nd floors | |
| Notes sur la vente | |
|
Institutional Property Advisors (IPA) is pleased to exclusively present for sale Teso Life located at 459 Washington Street, a rare opportunity to acquire 20,000 sq ft in Downtown Crossing, Boston’s most popular retail destination Downtown Crossing is the “Main & Main” location for Boston retail with 22 million annual visitors, and 459 Washington Street is the “Main & Main” location within Downtown Crossing, directly across the street from Macy’s and Primark. Just steps away from the Freedom Trail, a world-renowned, signature tourist experience attracting over 4 million people annually. The adjacent Red & Orange Line subway stop that is only 30 feet from 459 Washington Street has the second highest volume in the entire city system with 24,000 people using the stop daily. TESO Life is a popular and trendy Japanese Department Superstore that is rapidly expanding throughout the U.S. with stores recently opened or opening soon in New York, Dallas, Las Vegas, Philadelphia and Orlando. They have chosen to open up their new Flagship Store for Downtown Crossing. New, long-term, 10-year lease with parent guarantee at $37 psf is about 40% below the market average rent of $65-$75 psf for multi-?oor space. Rare, 3% annual increases in rent including during the two, ?ve-year option periods. A rare opportunity to acquire a critical mass of 20,000 sq ft of retail condo in downtown Boston with minimal LL responsibility. Nine stories and 41 residential units above are fully responsible for roof and common areas. 2.4% Downtown Crossing / CBD Retail Vacancy Rate. |
Informations sur l’immeuble
Les informations ci-dessous concernent l’ensemble de l’immeuble. Les caractéristiques propres à chaque lot peuvent varier et sont précisées dans la description du lot présenté ci-dessus.
| Surface totale de l’immeuble | 9 079 m² | Étages | 11 |
| Type de bien | Immeuble residentiel (Lot en copropriété) | Surface type par étage | 836 m² |
| Sous-type de bien | Appartement | Année de construction | 1900 |
| Classe d’immeuble | B | Surface du lot | 0,19 ha |
| Zonage | MC - Résidentiel et commercial | ||
| Surface totale de l’immeuble | 9 079 m² |
| Type de bien | Immeuble residentiel (Lot en copropriété) |
| Sous-type de bien | Appartement |
| Classe d’immeuble | B |
| Étages | 11 |
| Surface type par étage | 836 m² |
| Année de construction | 1900 |
| Surface du lot | 0,19 ha |
| Zonage | MC - Résidentiel et commercial |
Caractéristiques
Caractéristiques du site
- Accès 24 h/24
- CVC contrôlé par l’occupant
- Sans tabac
- Ascenseur
- Transports en commun
- Détecteur de fumée
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| 1+1.5 | 20 | - | - |
| 2+2 | 21 | - | - |
1 sur 5
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
