B+E brokers sale of Boston MSA Domino’s property for $1.9 million

October 29, 2021 - Retail

Lowell, MA B+E, the first brokerage and technology platform for net lease real estate, completed the sale of the Domino’s property located at 71-73 Mammoth Rd. for $1.9 million.

The NN (double net) property carries a lease term of 10 years. The buyer and seller are individual net lease investors.

“Most investors outside of Massachusetts haven’t heard of Lowell, but the city has a dense population and solid demographics,” said B+E broker Nolan Johnson. “B+E was able to demonstrate the strength of this market and the deal based on the city’s demographics. Our platform’s wide reach allowed us to connect the seller with the right buyer, quickly and efficiently.”

This Domino’s is operated by J.D. Pizza Inc., a +/- 24-unit Domino’s operator boasting some of the highest grossing locations in Massachusetts with $35M+ in annual revenues. B+E has an additional Domino’s on the market with the same operator and comparable deal details.

B+E is a modern investment brokerage firm, specializing in net lease real estate. The firm helps clients buy and sell single tenant real estate. Founded by deeply experienced brokers, B+E redefines trading through an intuitive end-to-end transaction platform consisting of user-friendly dashboards and an AI-driven exchange — all leveraging the largest data set in the net lease industry.

Complementing senior talent with exceptional technology, B+E’s proprietary process affords greater speed, unrivaled transaction efficiencies, and stronger asset value. With offices in New York, Chicago, Atlanta, Tampa, Charlotte, Denver and San Francisco, its brokers trade property for clients across the US. B+E allows virtually anyone to confidently trade net lease real estate.

 

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