73 Canal Street is a 6-unit freestanding double-net investment property located at the signalized corner of Canal Street and Riverlin Street in Millbury, MA. This investment opportunity is being offered at $1,200,000 which represents a 5.69% in-place capitalization rate, and an attractive pro-forma cap rate of 7.02%. The property's tenant roster is anchored by Select Physical Therapy, who just renewed their lease for an additional five year term, showing commitment to the location. With a long-history of consistent leasing, this plug-and-play opportunity is perfect for buyers seeking stable in-place cash flow from day one with high upside-potential.
