265 Days on Boardwalk PropertiesPrice Reduced $1,600
4
1985 Lakeview Ave, Dracut, MA 01826
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$8,400
Type: Commercial
Triple Net Lease (NNN)
3366 Bldg. SQFT
2 Restroom
Parking: N/A

Property Description

NNN Lease available July 1st, 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 6/30/2026. 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.

Property Details tap to expand

Property Information

  • Type: Commercial
  • Location: Legal Conforming
  • MLS ID#: 73416025

Building Information

  • Total SQFT: 3366
  • Total Restrooms: 2

Construction & Utilities

  • Utilities: Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/09/2026Active$8,400$2MLSPIN
03/05/2026Reactivated$8,400$2MLSPIN
03/01/2026Expired$8,400$2MLSPIN
12/23/2025Active$8,400$2MLSPIN
12/19/2025Price Change$8,400$2MLSPIN
08/14/2025Active$10,000$3MLSPIN

Map

Seller's Representative: Paul-Ratha Yem, Global Realty Network, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-03-09 03:05:00