Corner Retail Suite with Private
For Lease
$4,234/Mo NNN
112-435 Newbury St, Danvers, MA 01923
Street-level space in a fully accessible plaza along Route 1.
Space SizeContact for details
Days on Market153
Property Features for 112-435 Newbury St
General Information
Standard status
Active
Listing Agency:
The Mega Group
(978) 762-9771
Listed By:
Jennifer DApice
(508) 612-3767
Source:
Exprealty
Added: Apr 14
Changed: Sep 11
Last Checked: Sep 12 at 12:44PM
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 The Mega Group
Investment Insights
Based on property information with market context.
Unit 112 is a 2,540 +/- square foot, street-level corner retail suite at Hawthorne North Plaza. The space includes separate private men's and ladies' handicap-accessible restrooms, and the facility is fully handicap accessible.
The plaza fronts busy Route 1 in Danvers at the rotary connecting Route 1 with Route 95, with approximately 16,123 +/- vehicles passing daily. Access is available from both directions of traffic, and parking surrounds the facility. Ponte Vecchio restaurant anchors the plaza alongside retail shops and spas. The occupancy structure provides zero NNN expenses; tenants are responsible for their own utilities and a bi-annual maintenance fee.
The plaza fronts busy Route 1 in Danvers at the rotary connecting Route 1 with Route 95, with approximately 16,123 +/- vehicles passing daily. Access is available from both directions of traffic, and parking surrounds the facility. Ponte Vecchio restaurant anchors the plaza alongside retail shops and spas. The occupancy structure provides zero NNN expenses; tenants are responsible for their own utilities and a bi-annual maintenance fee.
Key Highlights
- 2,540 +/- square foot street‑level corner retail suite
- Located on Route 1 at the rotary connecting Route 1 and Route 95
- Approximately 16,123 +/- vehicles per day
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
19k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Cumberland Farms
Shops & Services
19,342 visits/mo
0.5 miles
Demographics for 01923, MA
27,987
Population
11,405
Households
2.5
Avg Household Size
46
Median Age
47%
College-Educated
95%
High-School Grad
13.2 sq mi
ZIP Area
2,120
Density / Sq Mi
$117,072
Median Household Income
$59,916
Median Earnings
$2,004
Median Rent
$611,200
Median Home Value
Market
Lease Benchmarks for Danvers, MA
$20.5 /SF/Yr
Avg Asking Price
$20–$22 /SF/Yr
Price Range
3,502 SF
Avg Space Size
This space is priced 2% below the average of $20.5 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Street-level space in a fully accessible plaza along Route 1.
Where is this retail space located?
The property is located at 112-435 Newbury St Danvers, MA.
What is the lease rate?
The lease rate is $4,234/Mo.
What are key features of this property?
This property features: 2,540 +/- square foot street‑level corner retail suite; Located on Route 1 at the rotary connecting Route 1 and Route 95; Approximately 16,123 +/- vehicles per day
