NORTHBOROUGH, MA — July 17, 2024 — SVN | Parsons Commercial Group | Boston has completed the sale of a 14,250-square-foot multi-tenant retail plaza on approximately two acres at 369 West Main Street Northborough, Massachusetts to Agora Real Estate LLC for $2.4 million.
Garrett Quinn, Brokerage-Director, and Marilyn Santiago, Assistant Director- Brokerage, of SVN | Parsons Commercial Group | Boston represented the Seller, Thomasito LLC/VTT Management. Aida Lako-Cani of Cani & Cani Realty, LLC represented the Buyer, Agora Real Estate LLC , in the transaction.
The retail plaza is fully occupied by six long-term tenants including Family Farms, Yama Zakura Sushi Bar, Sir Loin Catering, Monti’s Pizza Plus, Lilika Dog Grooming & Spa, and The Cellar Bar & Grille. The property boasts more than 100 parking spaces and is situated on the corner of Davis Street and West Main Street, directly off Route 20.
“We are thrilled to announce the sale of 369 West Main Street in Northborough, MA. This property exemplifies the kind of high-quality, stabilized investment opportunities that we are proud to represent. With its prime location within the Route 20 corridor and strong occupancy history, it offers both immediate returns and significant long-term potential,” said Marilyn Santiago, Assistant Director – Brokerage.
About SVN | Parsons Commercial Group | Boston SVN | Parsons Commercial Group | Boston is an independently owned and operated SVN® office located in Framingham, MA. The SVN® brand is a globally recognized commercial real estate entity united by a shared vision of creating value for clients, colleagues and communities. Currently, SVN comprises over 1,600 advisors and staff working in more than 200 offices across the globe. SVN’s brand pillars represent the transparency, innovation and inclusivity that enable all our advisors to collaborate effectively with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create outsize value for all stakeholders. For more information, visit www.parsonscre.com.
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