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Space Available For Lease 1
Unit 3 |
High-profile 6950sf retail space directly on Andover Street, (Route 114), just off I-95. Large open floorplan with 12'-14' wall height, warehouse with loading dock, individual offices & two ADA restrooms. This is one of the most active retail corridors in the North Shore, and demographics & location are superb, average daily traffic in excess of 44,000 VPD. The property is surrounded by a who's who of high-quality retail businesses. Large lighted pylon sign at the signalized entrance, excellent signage on the front of the building & 110 shared free parking spaces in the front and rear of the property. The HVAC system has been upgraded to provide more fresh air with higher filter efficiency, resulting in high-quality filtration & lower cost. The fire alarm has also been upgraded. NNN expenses are estimated at $4psf. 5-year step-up lease with multiple 5-year options. Space is delivered as a vanilla box, with interior modifications at the tenant's expense.
Janet FaulknerKW Commercial | Faulkner Commercial Group |
Contacts
Janet Faulkner
KW Commercial | Faulkner Commercial Group
Property Details
- Property Type Retail
- Units 0
- Lot Size 2.35 Acre
- Additional Rent Contact for pricing
- # of Floors 1
- Year Built 1954
- Date Updated Nov 20, 2024
High-profile 6950sf retail space directly on Andover Street, (Route 114), just off I-95. Large open floorplan with 12'-14' wall height, warehouse with loading dock, individual offices & two ADA restrooms. This is one of the most active retail corridors in the North Shore, and demographics & location are superb, average daily traffic in excess of 44,000 VPD.
The property is surrounded by a who's who of high-quality retail businesses. Large lighted pylon sign at the signalized entrance, excellent signage on the front of the building & 110 shared free parking spaces in the front and rear of the property. The HVAC system has been upgraded to provide more fresh air with higher filter efficiency, resulting in high-quality filtration & lower cost. The fire alarm has also been upgraded.
NNN expenses are estimated at $4psf. 5-year step-up lease with multiple 5-year options. Space is delivered as a vanilla box, with interior modifications at the tenant's expense.
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Getting around
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Walk Score ®
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Bike Score ®
Location
- City Danvers, MA
- Neighborhood Danvers
- Zip Code 01923
- Market Boston
Points of Interest
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Beverly Depot
4.21 miles
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Salem
4.23 miles
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Swampscott
6.12 miles
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Lynn Interim Commuter Rail Station
6.41 miles
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Lynn
6.53 miles
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Reading
7.52 miles
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Anderson RTC
9.42 miles
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Oak Grove
9.74 miles
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Wonderland
9.92 miles
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Sunoco
0.12 miles
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Gulf
0.26 miles
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Costco Gasoline
0.58 miles
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Speedway
0.95 miles
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BP
1.33 miles
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Shell
1.50 miles
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Mobil
1.51 miles
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ChargePoint
2.46 miles
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Tesla Supercharger
4.29 miles
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eVgo
7.19 miles
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The Home Depot
0.76 miles
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Comfort Inn North Shore
1.10 miles
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School Parking Lot
2.54 miles
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Lynnfield Woodlot
3.66 miles
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Cart Corral
3.74 miles
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Parking Garage
4.02 miles
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Crombie Street Lot
4.28 miles
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Ninety Nine
4.35 miles
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Church St Lot
4.36 miles
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Church St Meter Lot
4.39 miles
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Danvers Pizza
0.07 miles
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McDonald's
0.07 miles
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Olive Garden
0.15 miles
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Honey Dew Donuts
0.21 miles
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Dunkin' Donuts
0.46 miles
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TGI Friday's
0.57 miles
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The Hardcover Restaurant
0.57 miles
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Brutole
0.60 miles
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Chili's
0.64 miles
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Tokyo Steakhouse
0.73 miles
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Walmart
0.11 miles
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Burlington
0.61 miles
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Trader Joe's
0.71 miles
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TJ Maxx
0.75 miles
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Ann & Hope Curtain & Bath Outlet
0.79 miles
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Big Lots
0.79 miles
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McKinnon's Market & Super Butcher Shop
1.07 miles
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Kohl's
1.34 miles
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Marshalls
1.36 miles
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Macy's
1.39 miles
120 Andover Street Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
Retail space at High Profile 6,950sf Retail Space in Danvers, MA asks $32.00/SF/YR per square foot.
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The property includes 6,950 square feet of retail space for lease. Of this total, 6,950 square feet are Retail.
Lease agreement conditions for the availability at this property include NNN.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Janet Faulkner
KW Commercial | Faulkner Commercial Group