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Strip Mall with Three Retail Units
New
For Lease
$14 SF/Yr

10 Highland Ave, Randolph, MA 02368

Planned construction will create flexible commercial suites in a CSBD-zoned setting with on-site parking.

Space Size1,500 SF - 2,000 SF
Property Size4,500 SF
Days on Market6

Property Features for 10 Highland Ave

General Information

Standard status Active
Size 1,500 SF - 2,000 SF
Net Rentable 1,500 SF
Zoning CSBD

Space & Availability

Available Space 1,500-2,000 SF
Contiguous Space 2,000 SF

Taxes and HOA fees

Annual Taxes $15,229

Building Details

Building Size 4,500 SF
Year Built 1950
Tenancy Multi
Listing Agency: Bostonia Properties
Listed By: Kate Duggan · License #144768
Source: Bostoniaproperties
Added: Oct 19 Changed: Oct 23 Last Checked: Oct 22 at 2:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bostonia Properties

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Investment Insights

Based on property information with market context.

The property is planned for conversion into three commercial units: two spaces of approximately 1,500 SF each and one of approximately 2,000 SF. The proposed suite mix totals 4,500 SF and is supported by an on-site parking lot. CSBD zoning is noted for the property.

Nearby context includes luxury apartments, Shaw's Plaza, national retailers, and chain restaurants. The address is 10 Highland Ave in Randolph, Massachusetts.

Key Highlights

  • Planned three‑unit commercial layout with spaces of approximately 1,500 SF, 1,500 SF, and 2,000 SF
  • 4,500 SF total across the planned units
  • CSBD zoning

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Auto Parts Store Restaurant Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

864
Businesses Nearby
235k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 39% Shops & Services 33% Groceries 26% Home Improvements & Furnishings 1%
Shaw's Supermarket Groceries
40,223 visits/mo 0.1 miles
McDonald's Dining
33,012 visits/mo 0.1 miles
America's Food Basket Groceries
20,991 visits/mo 0.2 miles
Dollar Tree Shops & Services
20,052 visits/mo 0.1 miles
Wendy's Dining
18,099 visits/mo 0.1 miles

Demographics for 02368, MA

35,025
Population
13,091
Households
2.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
9.3 sq mi
ZIP Area
3,766
Density / Sq Mi
$103,321
Median Household Income
$52,614
Median Earnings
$2,049
Median Rent
$464,000
Median Home Value
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Strip mall - Planned construction will create flexible commercial suites in a CSBD-zoned setting with on-site parking.
Where is this strip mall located?
The property is located at 10 Highland Ave Randolph, MA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Planned three‑unit commercial layout with spaces of approximately 1,500 SF, 1,500 SF, and 2,000 SF; 4,500 SF total across the planned units; CSBD zoning
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