- Overview
- Property Details
- Location
Investor Opportunity! 5% Cap Rate plus A+ rated tenant. Offered for sale is this newly constructed, 5,942 square foot distribution center, completed in January of this year and sited on a double lot, along one of the island's primary commercial corridors. The property is leased to Frito Lay/Pepsi for 10 years with annual rent increases and two renewal options, also with annual rent increases.
- Total Rooms 3
- Total Beds 1
- Full Baths 1
- Lot Size 0.4529 acres
- Year Built 2025
- Zoning CTEC
Location
What we like about Mid-island
Mid-Island is the heart of Nantucket, featuring many conveniences for locals and visitors alike. Home to many grocery stores, pharmacies, and restaurants, Mid-Island has all your island necessities.
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