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Asking Price
NOI Net Operating Income
Cap Rate

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Property Description

JLL Capital Markets is pleased to offer for sale Bass River Plaza, a 6,505 square foot multi-tenant retail property located in Beverly, Massachusetts, an affluent and densely populated community on Boston’s Northshore. The Property is leased to an internet-resistant roster of modern tenants including a high-grossing Starbucks with drive-thru and a Chase ATM, who combined generate approximately 62% of the property’s Gross Revenue. Bass River Plaza offers investors a rare opportunity to acquire a high-visibility property in one of greater Boston’s most compelling sub-markets.

Investment Highlights

  • A top Starbucks location in the Northeast with a full-service drive-thru and sales that are significantly above chain average.


  • High profile location on Boston's affluent Northshore - 18 miles north of downtown


  • Densely populated and affluent demographics with over 177,700 people living within 5 miles and average household incomes exceeding $110,800


  • Immense barriers to entry in the local market


  • Nearly 62% of gross income derived from Starbucks and Chase ATM


  • Significant demand drivers in the immediate market - Cummings Center Office Park with 2M SF and 4,000 employees, Beverly Hospital, Endicott College and Montserrat College of Art.
Last Updated Date: 29 Apr 2021
Nat Heald
Nat Heald
Managing Director
License details
MA-9088276 NH-067151 CT - 0814736
Chris Angelone
Chris Angelone
Senior Managing Director, Retail Group Leader

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Last Updated Date: 29 Apr 2021

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