Franklin, MA On behalf of Naples North, LLC, TRB Realty has closed the $3.925 million sale of a single tenant net leased (STNL) Digital Federal Credit Union (DCU) located at 500 West Central St. (Rte.140). A freestanding retail building constructed in 2007 with 2 drive-thru lanes sited on 1.529 acres with 50 off-street parking spaces.
According to TRB president, Thomas Blakely, CCIM, “Quality construction, triple ‘A’ location near Franklin Village Plaza and I-495 and a dominant regional tenant are a few of the attributes that begin to describe the DCU property in Franklin, a trophy investment property that will fit nicely on the shelf for many years to come. It was a pleasure to exclusively represent ownership in the sale.”
TRB Realty was the sole broker of record.
Randolph, MA Sterling Trust has sold its Sterling Plaza neighborhood retail site located at 45 Mazzeo Dr. to The Shops at Randolph, LLC. The property is home to several restaurants, including the West End Grill, The Well, Outback Steakhouse and It’s Game Time Sportsbar.