For Sale | NNN Island Retail Gem | Nantucket, Massachusetts
Boston Realty Advisors and Nantucket Realty Advisors have been exclusively retained to solicit offers for the sale of 9 India Street, a single-tenant island retail gem in the heart of downtown Nantucket. The restaurant is under the terms of a triple-net basis through December of 2022, with one, ten-year option to renew at fair market value. 9 India Street is a 100% occupied retail asset and lends itself well to all of the qualities and attributes of a core infill asset: quality, stability, financial growth, accessibility, and area amenities.
Measuring only 48 square miles of land area, Nantucket’s downtown is highly accessible with an active social scene. During peak season, island population swells to over 50,000 people and attracts more than 400,000 visitors a summer. With more than 80 miles of spectacular beaches and endless cultural activities, Nantucket will forever be a preeminent destination.
Boston Realty Advisors is proud to present this opportunity on an unpriced basis and free-and-clear of existing debt. We will be conducting a “call-for-offers” in the upcoming weeks.
Note: This investment opportunity ONLY includes the real estate and corresponding lease obligations of Proprietors Bar & Table. Proprietors Bar & Table is NOT closing, and we wish them continued success well into the future.