FOR SALE

960 Morrissey Boulevard · Dorchester, MA

100% Occupied · 14,998 SF Shopping Center 4.7 miles

1 3 2 Station

MBTA RED LINE

188,332 ADT

Neponset Ave Morrissey Blvd 44,700 ADT 13,600 ADT Over 2,000,000 INVESTMENT Square Feet of Proposed Development DRIVERS

1 HUB 25 New Construction Project Type Residential Units 268 units Parking 143 spaces 100% Occupied 2 HERB CHAMBERS Project Type Commercial SF 94,269 SF Strong & Stable Tenancy Parking 104 spaces

3 DOTBLOCK High Growth Market Project Type Residential/Retail Units 384 units Parking 450 spaces SF 60,000 SF retail Dorchester Revitalization

Boston Realty Advisors is pleased to present an exceptional opportunity to Marketplace at Morrissey is situated acquire Marketplace at Morrissey, a well-positioned and newly constructed 14,998 square foot shopping center located along one of Dorchester’s in a high growth market and primary arteries, Morrissey Boulevard. Anchored by East Boston Savings Bank and Uber, the asset is 100% leased and well-positioned within one of Boston’s most dense and rapidly growing submarkets. will provide immediate stability Marketplace at Morrissey’s prominent location provides high visibility for the over 40,000 cars passing the site daily via Morrissey Boulevard. with a strong tenant mix and Furthermore, less than a half mile south is the onramp to I-93 allowing for prime accessibility to the main thoroughfare from the South Shore into Boston and services over 190,000 cars each day. significant upside to investors. In addition to East Boston Savings Bank (NASDAQ: ESBS) and Uber Technologies, Marketplace at Morrissey is occupied by Open Doors Power Yoga, H&R Block, Elliott Physical Therapy, Morrissey Nails, GMH Mortgage, and Unchained Pizza. These strongholds mixed with the 960MORRISSEY.COM surrounding local tenants provide strong and stable in-place cash flow, with the current in-place rents averaging $23.35. DOWNTOWN BOSTON

SEAPORT

DAILY TRAFFIC FLOW

60,001 +

30,001 – 60,000

15,001 – 30,000

5,001 – 15,000

DORCHESTER

Morrissey Blvd.

QUINCY SITE PLAN

ONE WAY 1 3

D ' UM 1 4 ,9 9 8 SF 0

P 6 1 0 S T Y ER

S 1 -S TORY BLDG A W

6 7 8 9

2 ,5 1 3 SF 1 , 1 99 SF 1 ,1 99 SF 1 ,4 5 0 SF E N

5 2 5' 20' 2 0' 25' O 3 , 0 93 SF Y A ' W

0 E 2 N ONE WAY

O HC 4 '

1 , 1 7 8 SF 7 1

3 '

1 ,1 7 8 SF 7 1 HC

2 '

Y 1 1 0

1 ,3 5 8 SF A

2

W

8 E 9 9

N ONE WAY

1 O E " U V 0 R I 1 ,8 0 0 SF - ' R H 5 T

D 6 2 70' 7

PATIO ONE WA Y ONE WAY

PY LON S IGN 1 0

TENANT SQUARE FOOTAGE BREAKDOWN

GMH Mortgage: 1,199 SF Open Doors Yoga: 1,199 SF

Unchained Pizza: 1,450 SF H&R Block: 2,463 SF

East Boston Savings Bank: 1,850 SF

Morrissey Nails: 1,388 SF Elliott Physical Therapy: 3,093 SF

Uber Technologies: 2,356 SF DORCHESTER DEMOGRAPHICS

1 mile 3 miles 5 miles

Population 27,289 243,233 596,762

Average HHI $76,558 $73,219 $89,452

Number of Households 10,687 91,911 242,112

CAPITAL MARKETS

MICHAEL A. D’HEMECOURT WHITNEY GALLIVAN CHRISTOPHER J. DONATO JAIME A. RUSSELL Managing Director & Sr. Partner Managing Director & Partner Associate Director Associate 617.850.9670 617.850.9612 617.850.9618 617.850.9663 [email protected] [email protected] [email protected] [email protected]

JASON S. WEISSMAN NICHOLAS M. HERZ Founder & Sr. Partner Managing Director & Partner 617.850.9608 617.850.9624 [email protected] [email protected]

745 | Boston, MA 02116 | (T) 617.375.7900 | (F) 617.536.9566 | BRAdvisors.com

© Copyright Boston Realty Advisors. All rights reserved. The information contained here has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Any information of special interest should be obtained through independent verification. 08/01/16