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Foxborough, MA Citizens Bank

$2,863,000
4 Cocasset Street; Foxborough, MA 02035
Lease Type NN
Cap Rate 5.85%
Property Type Retail Bank/Financial Services
Building Size 3,600 SF
Land Area 0.55 Acres
Status Active
Property Highlights

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Citizens Bank | Foxborough, MA. This 3,600 SF single tenant bank branch is a relocation in the market for Citizens, with a new 10-year lease that recently commenced on 5/1/2023. Citizens Bank features investment grade long-term tenancy, with a credit rating of “A-“ (S&P) and over 1,100 branch locations throughout the country.

Located at 4 Cocasset Street, the branch features high visibility in Foxborough’s downtown. The property is less than 4 miles from Gilette Stadium and Patriot Place, home of the New England Patriots and a Lifestyle center featuring an additional 1.3 million square feet of shopping, dining, entertainment, and hospitality drawing visitors and fans from across the country.

  • New branch relocation in market
  • Financial services consumer base
  • Investment grade tenancy
  • Recently renovated
  • Long-term corporate lease
  • High deposit forecast