EagleBridge Capital Arranges $7.3 Million Mortgage Financing for NNN Leased Walgreens – Boston Real Estate Times

Lowell, MA-EagleBridge Capital has arranged the acquisition/financing of a permanent mortgage in the amount of $7,340,000 for an NNN-listed Walgreens pharmacy located in Lowell, Massachusetts.

The funding was organized by EagleBridge CEO Ted Sidel

The Class A single-detached building has 15,000 square meters and is situated on 1.5 acres with 61 parking spaces on Middlesex Street in a residential area. goods, stores, and apartments. Nearby national tenants include Santander Bank, Family Dollar, Advanced Auto Parts, Wendy’s, Taco Bell, Jiffy Lube, and the US Postal Service.

The population within a three mile radius is 120,000. Average vehicle traffic on Middlesex Street is over 22,000 vehicles per day. Lowell General Hospital, a 445-bed hospital serving Lowell and surrounding communities, is two miles from the Walgreens location. The main campus of Lowell University, with over 18,000 students, is within a ten minute drive.

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