Major Sale of Three Town Fair Tire Locations in New England
January 3, 2025 - 18:24
BOSTON– A significant real estate transaction has taken place involving three net-leased properties anchored by Town Fair Tire, located in Billerica, Massachusetts; Brockton, Massachusetts; and Nashua, New Hampshire. The properties were sold for an impressive total of $7,955,360, marking a notable investment in the region's retail landscape.
The sale reflects a growing interest in net-leased properties, which offer stable income opportunities for investors due to their long-term lease agreements with established tenants. Town Fair Tire, known for its reliable tire and automotive services, provides a strong anchor for these locations, contributing to their desirability.
The successful closing of this deal highlights the robust performance of the real estate market in New England, as investors continue to seek out high-quality assets. The transaction was facilitated by experienced professionals in the industry, showcasing their expertise in navigating the complexities of commercial real estate sales.
MORE NEWS
August 3, 2025 - 02:20
Navigating Capital Gains Tax on Home Sales After the Loss of a SpouseSelling a home after the death of a spouse can be an emotional and challenging process, especially when it comes to understanding the implications of capital gains tax. When a couple owns a home...
August 2, 2025 - 21:09
State Street's Departure May Leave Fort Point Building EmptyIn a significant shift, State Street Corporation`s decision to vacate its 11-story building in Fort Point could result in the property being left unoccupied. This move comes approximately four...
August 2, 2025 - 03:02
Major Loss for Anaheim's Axis Office Campus as It Changes HandsThe five-building portfolio located across from Angel Stadium on Rampart Street has recently been sold, marking a significant financial setback for the previous owners. Originally acquired in 2018...
August 1, 2025 - 00:33
KMS Realty Joins Forces with United Real Estate SpecialistsThe addition of KMS Realty significantly enhances United Real Estate Specialists` presence in the region and broadens the range of services available to clients. This strategic merger is expected...