Price Reduced 16.00%
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
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Listing courtesy of Paul-ratha Yem, Global Realty Network, Inc. 800-494-2400