151 Charles F Colton_Property for Sale
151 Charles F Colton_Property for Sale
151 Charles F Colton Rd, Taunton, MA, 02780-7907, US

151 Charles F Colton

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”) as exclusive advisor to the Owner, is pleased to present for sale 151 Charles F. Colton Road (the “Property”) located in Taunton, Massachusetts. Developed in 2014 as a built-to-suit for Sullivan Tire, the Property is a 198,720 square foot warehouse situated on 15 acres, presenting the rare opportunity to acquire a modern logistics and distribution facility within Massachusetts’ largest Master-Planned industrial park. 


151 Charles F. Colton Road is well positioned within Myles Standish Industrial Park, offering easy access to major transportation routes including I-495, I-95, Route 24, & Route 44. The Property is situated in a prime distribution and logistics hub within Greater Boston; 24 miles from Providence, 40 miles from Boston, and 53 miles from Worcester. 


The Property is 100% leased to Sullivan Tire, a leader in the New England tire and automotive service industry, who just inked a 5 year lease extension with 3.25% annual increases providing future ownership a durable cash-flow stream. This offering presents investors a rare opportunity to acquire a Class A logistics facility with a stable tenant in a high barrier-to-entry market.

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Attributes

Building area net
198,720 sf
Occupancy
100%
Year built
2014
Land area gross
15.1 acres
WAULT
5 years
Clear height
28 ft
Number of loading docks
30

Media

Investment Highlights

  • Rare Opportunity to Acquire Durable Cash Flow Leased to Strong Regional Tenant
  • Unique Class A Modern Distribution Facility Below Replacement Cost
  • Strategic Location Within Greater Boston's Largest Industrial Cluster
151 Charles F Colton 4_Property for Sale
151 Charles F Colton 4_Property for Sale

Contact brokers

151 Charles F Colton (0 Properties)

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Last updated
1 Oct 2024