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    50 Independence Way Danvers, MA 01923

    For Lease
    Contact for pricing

    Retail space for lease in a high-traffic area.

    Property size:
    23,665 SF
    Lot size:
    19.86 Acres

    Property Features for 50 Independence Way

    General Information

    Size
    23,665 SF
    Lot size
    19.86 Acres

    Source: Eastern Retail Properties Agent Andrew Bonica

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space Available

    This retail space offers up to 23,665 square feet for lease, with dimensions of 124 feet by 210 feet. Situated in a prime retail corridor off Route 128, it provides convenient access to I-95 and Route 1. The location benefits from high traffic volume, with 45,282 ADT on Endicott Street. The property is shadow-anchored by major retailers including Kohl’s, Target, Dick’s, AMC, and Home Depot. It also benefits from 8.66 million visits per year to the nearby Liberty Tree Mall. Pylon signage is available. The property is under new control with no term limitations.
    Location Intelligence

    Current Use by Public Records

    Nordstrom Rack Men'S Clothing Store Kohl's Department Store The Friendly Toast Restaurant SEPHORA at Kohl's Danvers Cosmetics Store Mainely Tubs Hot Tub Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Danvers
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9417369
    Latitude
    42.5517643

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    FAQs

    What type of property is this?
    Retail space - Retail space for lease in a high-traffic area.
    Where is this retail space located?
    The property is located at 50 Independence Way Danvers, MA.
    What are key features of this property?
    This property features: - Up to **23,665 SF Available For Lease**; - Prime Retail Corridor off Route 128 with Close Proximity to I-95 and Route 1; - Shadow Anchored by Kohl’s, Target, Dick’s, AMC, Home Depot and more
    (781) 849-9010
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    50 Independence Way Danvers, MA 01923
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    Danvers, MA 01923
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    50 Independence Way Danvers, MA 01923
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