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Three-Building Neighborhood Shopping Center
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101 Broadway Rd, Dracut, MA 01826

Established service-oriented tenancy supports a diversified neighborhood retail center.

Property SizeContact for details
Lot Size4.33 Acres
Days on Market144

Property Features for 101 Broadway Rd

General Information

Standard status Active
Lot size 4.33 Acres
Property subtype Retail

Site & Location

Traffic Count 23,000 vehicles/day
Road Access Yes

Building Details

Buildings 3
Tenancy Multi
Listing Agency: Marcus & Millichap - Boston
Listed By: Adam Cohen · License #MA 9551336
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 2:37PM

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 Marcus & Millichap - Boston

Investment Insights

Based on property information with market context.

Dracut Village Square is a three-building neighborhood shopping center on 4.33 acres at 101 Broadway Rd. The property includes a freestanding Eastern Bank branch on a southwest-corner pad and a tenant roster of approximately two dozen service-oriented businesses. Existing occupancy reflects long operating histories, including three restaurants with tenures of 18, 33, and 36 years. About 40% of the leases are NNN, while most include annual or semi-annual CPI-based increases.

The center occupies a position along Dracut’s primary retail corridor, across from Veterans Memorial Park, a 25+ acre recreational property with baseball, soccer, and lacrosse fields. Access is available from Elvino Florry Drive, Loon Hill Road, and Broadway Road, also designated Route 113. The surrounding intersections generate nearly 23,000 vehicles per day. Nearby retailers include the United States Post Office, Dunkin’ Donuts, CVS, and Sunrise Shopping Center, which is less than a mile away. UMass Lowell is located less than two miles from the site.

Key Highlights

  • 4.33‑acre, three‑building neighborhood shopping center
  • Freestanding Eastern Bank branch on a southwest‑corner pad
  • Approximately two dozen service‑oriented tenants

Property Analytics

Current Use

Law Offices of Tami ... Law Firm Diama-Gold Jewelry (Bike/Boat/Book/etc) Store Yang's Restaurant Steven Saro Alternative Medicine Practice Professional Physical Therapy Medical Clinic

Suggested Use

Top Pick Law Firm Spa & Massage Center Auto Parts Store Skin Care Clinic Grocery & Convenience Store 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

23,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

358
Businesses Nearby
13k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 69% Home Improvements & Furnishings 27% Shops & Services 5%
Dunkin' Donuts Dining
8,750 visits/mo 0.2 miles
Kenwood True Value Hardware Home Improvements & Furnishings
3,393 visits/mo 0.1 miles
Extra Space Storage Shops & Services
595 visits/mo 0.5 miles

Demographics for 01826, MA

32,689
Population
12,480
Households
2.6
Avg Household Size
42
Median Age
35%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
1,572
Density / Sq Mi
$111,451
Median Household Income
$58,361
Median Earnings
$1,740
Median Rent
$466,200
Median Home Value

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
Rey
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Similar Off Market Nearby

  • Sunrise Shopping Center Bridge St, Lowell, MA 01850
  • Loon Hill Plaza 28 Loon Hill Rd, Dracut, MA 01826

Frequently Asked Questions

What type of property is this?
Shopping center - Established service-oriented tenancy supports a diversified neighborhood retail center.
Where is this shopping center located?
The property is located at 101 Broadway Rd Dracut, MA.
What are key features of this property?
This property features: 4.33‑acre, three‑building neighborhood shopping center; Freestanding Eastern Bank branch on a southwest‑corner pad; Approximately two dozen service‑oriented tenants
(617) 896-7200 Call to check price and availability
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