Price Reduced 16.00%


1985 Lakeview Ave, Dracut, MA, 01826

1985 Lakeview Ave, Dracut, MA, 01826

1970

3,366 sqft

NNN Lease available in April 2026 -a Freestanding ±3,366 SF retail/office building, former Santander Bank branch, with large parking lot, located on a available under a corporate-guaranteed NNN lease with Santander Bank (S&P A- rating) through 9/30/2025. Tenant pays taxes, insurance, CAM, utilities, roof, and structure. The lease includes five (5) 5-year renewal options, with a 10% rent increase at the first renewal and 5% increases at the start of each additional term. Located on ±0.87 acres with 22 on-site parking spaces and excellent visibility on Lakeview Avenue (25,000± VPD). The property is surrounded by national retailers, including CVS, Dunkin’, and Enterprise. Zoned B3 – General Business. Ideal passive investment with minimal landlord responsibilities.


Status:

Active

Type:

Commercial Lease

Zoning:

B3

Acreage:

0.87

Est. Taxes:

$8,596

Utilities

Public Water, Public Sewer

MLS #:

73416025


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Paul-ratha Yem, Global Realty Network, Inc. 800-494-2400