Commercial Property for Sale in Pittsfield Massachusetts 01201

163 South St, Pittsfield Massachusetts, 01201

Listing ID: CL-Massachusetts-122 Commercial Strip Center Retail
Published on: Friday, September 27, 2024 | Updated on: Monday, May 5, 2025

Listing Summary

Introducing a premier 3-tenant retail center, anchored by O'Reilly Auto Parts, located in the thriving commercial corridor of Pittsfield, MA.

Full Description

Introducing a premier 3-tenant retail center, anchored by O'Reilly Auto Parts, located in the thriving commercial corridor of Pittsfield, MA. This investment opportunity is highlighted by a brand new 15-year triple net (NNN) lease with O'Reilly Auto Parts, ensuring long-term, stable cash flow with minimal landlord responsibilities. Strategically positioned in a high-traffic area, this retail center benefits from strong visibility and accessibility, making it an ideal location for its diverse tenant mix. O'Reilly Auto Parts, a nationally recognized and leading auto parts retailer, serves as the cornerstone tenant, offering a solid foundation for future growth.

Quick Glance

  • Listing ID: CL-Massachusetts-122
  • Status: Active
  • Year Build: 1993
  • Building Size: N/A
  • Lot Size: N/A

Property Documents

No documents available.

Complete Details

  • Year Build: 1993
  • Heating and Cooling: Not Specified

Pricing Details

Additional Features

Highlights
  • Corporate Lease Guaranty From O’Reilly (73% of GLA) | Strong Investment Grade Credit (S&P BBB) | Publicly Traded (NASDAQ ORLY)
  • New 15-Year NNN with O’Reilly | Desirable Multi-Tenant Retail Investment Platform – Hedges Income Stream in Rare Event of a Vacancy | Passive Net Leases with Strong Rent Growth
  • Pristine Property Condition | No Deferred Maintenance | New Roof (Transferable Warranty), Facade, Parking Lot, & HVAC | In-Place Management Option Available
  • Strategic Location for Tenants O’Reilly & Berkshire Medical | Less than 1 Mile From Berkshire Medical Center (302 Beds) | Limited Competition for O’Reilly

Listing Location

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