665 Cochituate Rd Local commercial 951 m² 100 % Loué À vendre Framingham, MA 01701 3 186 812 € (3 349,86 €/m²) Taux de capitalisation 9 %

665 Cochituate Road at 665 Cochituate Road, Framingham, MA presents a compelling net-leased investment opportunity in one of MetroWest Boston’s most dynamic retail and commercial corridors. This attractive two-story, 10,240 SF building is 100% occupied by Temescal Wellness, an established cannabis dispensary that has operated at the property since 2016. Positioned just off Exit 117 of the Massachusetts Turnpike, the property benefits from exceptional regional accessibility and strong visibility near Natick Mall, Shoppers World, and the TJX corporate office. The site sits on 0.689 acres and offers approximately 60 off-street parking spaces, enhancing convenience for customers and staff alike. The asset is leased on a single-tenant NNN basis, providing durable cash flow with taxes, CAM, and insurance paid by the tenant. The current 15-year lease runs through June 30, 2031, and includes one 15-year renewal option, annual CPI rent increases, plus an additional 5% bump every five years. Surrounded by dense traffic counts and affluent demographics, with approximately 149,000 residents and average household income of $209,166 within five miles, this offering combines income stability, prime location, and an attractive current return.