ABSOLUTE NNN GROUND LEASE
525-527 Salem Street, Wakefield MAThe Mega Group has available on ground lease terms this 28,535 +/- square foot commercially zoned lot abutting Route 128. There are currently two (2) large curb cuts in place and the parcel has been cleared and covered with crushed gravel. Likely use by right is a Bank and/or Financial Institution or QSR with drive-thru by permit. Also in hand, are approvals for a 24-unit mixed-use development containing 23 residential apartments with one commercial unit. See attached plan.
525-527 Salem Street in Wakefield is adjacent and visible from Route 128 Northbound at the exit next to Sunoco Service Station and Dunkin' and less than a 1/2 mile from Lynnfield Marketplace.