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New Retail Space Available
For Lease
$34 SF/Yr

1274 Osgood Street #3 - 1st fl., North Andover, MA 01845

New street-level retail in North Andover's newest development.

Property Size1,734 SF
Days on Market884

Property Features for 1274 Osgood Street #3 - 1st fl.

General Information

Standard status Active
Size 1,734 SF
Property subtype Commercial

Building Details

Year Built 2019
Listing Agency: Lillian Montalto Signature Properties
Listed By: Team Lillian Montalto
Source: Corcoran
Added: Feb 29, 2024 Changed: Jul 6 Last Checked: May 10 at 10:39PM

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 Lillian Montalto Signature Properties

Investment Insights

Based on property information with market context.

New street-level retail space is available in North Andover's newest development. The property is centrally located near major highways, Lawrence Airport, private schools, and Amazon’s largest distribution facility in New England. The location also includes 193 market-rate apartment homes on site. The property offers 1734 square feet of retail space. Construction is complete on the last building. Current tenants include Starbucks, Andiamo Restaurant + Bar, F45 Training, DaVinci Salon Medi Spa, Passion Nails, Wrap City Sandwiches and Liquor Junction. The intended use of the property is retail.

Key Highlights

  • Prime location in Signature Commons, North Andover's newest development.
  • Centrally located near major highways, Lawrence Airport, Amazon's distribution facility, and private schools.
  • Enjoy on‑site access to a variety of businesses including Starbucks, Andiamo Restaurant + Bar, and F45 Training.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Law Firm Restaurant Auto Parts Store Kitchen & Bath Showroom Plumbing Service

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

NNN (Triple Net)
Lease Type
$5.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby

Demographics for 01845, MA

31,855
Population
12,010
Households
2.7
Avg Household Size
39
Median Age
61%
College-Educated
97%
High-School Grad
26.4 sq mi
ZIP Area
1,207
Density / Sq Mi
$134,319
Median Household Income
$64,592
Median Earnings
$2,113
Median Rent
$670,000
Median Home Value

Market

Lease Benchmarks for North Andover, MA

$26.17 /SF/Yr
Avg Asking Price
$10.65–$34 /SF/Yr
Price Range
2,254 SF
Avg Space Size

This space is priced 30% above the average of $26.17 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Retail space - New street-level retail in North Andover's newest development.
Where is this retail space located?
The property is located at 1274 Osgood Street #3 - 1st fl. North Andover, MA.
What is the lease rate?
The lease rate is $34 SF/Yr.
What are key features of this property?
This property features: Prime location in Signature Commons, North Andover's newest development.; Centrally located near major highways, Lawrence Airport, Amazon's distribution facility, and private schools.; Enjoy on‑site access to a variety of businesses including Starbucks, Andiamo Restaurant + Bar, and F45 Training.
More about this property
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