INVESTMENT HIGHLIGHTS
NEW CONSTRUCTION PAD SITES: The Wareham Pad Sites consists of three new construction buildings with six (6) tenants spread over 13,164 square feet. The buildings are positioned on a large 4.03-acre corner parcel and benefit from two points of access. The Property is shadow anchored by Walmart Supercenter, the area’s primary retail draw.
LONG TERM LEASES: Starbucks has 7+ years remaining on their lease with four (4), 5-year options, Aspen Dental has 7+ years remaining on their lease with three (3), 5-year options, Chipotle has 8+ years remaining on their lease with four (4), 5-year options, and the US Air National Guard has 4 years remaining on their lease. Crumbl Cookies signed a new 10-year lease and Wareham Animal Hospital signed a new 15-year lease; both are anticipated to commence in the summer of 2023, and both leases feature two (2), 5-year renewal options.
OUTSTANDING LOCATION: The Property is situated in the heart of Wareham’s commercial corridor at the signalized intersection of Tobey Road and Cranberry Highway (MA Route 28). Additionally, the property is seconds from the I-195 Exit 21-on/off ramp, and the junction of Interstates 495 and 195.
