Supermarket Business with Liquor
10 Windsor Rd, Newton, MA 02468
For Sale
$1,000,000
The lease provides two five-year renewal options, with the term extending through 2043.
Property Size2,023 SF
Days on Market13
Property Features for 10 Windsor Rd
General Information
Standard status
Size
Property subtype
Additional Details
Business Included
Building Details
Building Size
Year Built
Listing Agency:
Boston Crown Realty, LLC
(774) 222-2512
Listed By:
Vipul Patel
(617) 352-2377
Source:
Iverty
Added: Oct 27
Changed: Nov 7
Last Checked: Nov 7 at 1:20PM
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 Boston Crown Realty, LLC
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Investment Insights
Based on property information with market context.
This supermarket and deli business occupies 6,540 sq ft on the ground floor, with more than 5,000 sq ft of basement storage. The sale covers the business and its leasehold; the real estate is not included. A full liquor license is part of the offering. The premises are in a building constructed in 2023, according to the property information.
The store is on Windsor Road at Waban Square in Newton, steps from the Green Line D branch. Its lease is for 10 years and includes two five-year renewal options, extending through 2043. The business operates in Waban Village.
The store is on Windsor Road at Waban Square in Newton, steps from the Green Line D branch. Its lease is for 10 years and includes two five-year renewal options, extending through 2043. The business operates in Waban Village.
Key Highlights
- 6,540 sq ft of ground‑floor supermarket and deli space
- More than 5,000 sq ft of basement storage
- Full liquor license included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,893
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,860
$757.9K
Cap Rate 7%
$541,329
$541.3K
Cap Rate 9%
$421,033
$421.0K
Market Conditions
NOI Build-Up for 2,023 SF
Gross rent
$54.6K $27.00/SF
− Vacancy
−$4.1K −$2.03/SF
EGI
$50.5K $24.98/SF
− OpEx
−$12.6K −$6.24/SF
NOI
$37.9K $18.73/SF
Area
Middlesex County, MA
Vacancy
7.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,860
Cap Rate 7%
$541,329
Cap Rate 9%
$421,033
Alternative Uses
Best Use
Specialty Retail
$541.3K
$473.7K – $631.6K
NOI $37,893 @ 7.0% cap · market cap 3.79%
Second Best
Retail
$415.4K
$363.5K – $484.6K
NOI $29,076 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,833 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
3k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Bank of America
Shops & Services
2,719 visits/mo
0.0 miles
Demographics for 02468, MA
5,713
Population
2,038
Households
2.8
Avg Household Size
44
Median Age
90%
College-Educated
99%
High-School Grad
1.5 sq mi
ZIP Area
3,809
Density / Sq Mi
$250,001
Median Household Income
$127,266
Median Earnings
$2,875
Median Rent
$1,809,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The lease provides two five-year renewal options, with the term extending through 2043.
Where is this grocery and convenience store located?
The property is located at 10 Windsor Rd Newton, MA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 6,540 sq ft of ground‑floor supermarket and deli space; More than 5,000 sq ft of basement storage; Full liquor license included
