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    366-368 Southbridge St Auburn, MA 01501

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    For Lease
    $16 SF/Yr

    Junior box retail space available in Shaw's anchored shopping center.

    Property size:
    44,000 SF
    Lot size:
    10.15 Acres

    Property Features for 366-368 Southbridge St

    General Information

    Size
    44,000 SF
    Lot size
    10.15 Acres

    Source: NAI Glickman Kovago & Jacobs Agent Tim Whittredge

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

    Overview

    Auburn Retail Opportunity For Lease

    A junior box retail opportunity is available for lease, offering up to 44,000 square feet of space. The property features a 22,000 square foot footprint with a full height, full load mezzanine above. It is located in a Shaw's anchored shopping center, situated directly off exit 7A of I-290 in Auburn at a major signalized intersection. The location benefits from significant traffic counts, with 15,000 AADT on Southbridge Street and 73,000 AADT on I-290. The property is located across from Auburn High School, Auburn Mall, and several other national retailers. A brand-new Chase Bank branch pad is under development on-site, with an expected delivery in 2024. The parking area provides 240 spaces.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    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.

    Similar Places Nearby

    Auburn Mall, Sunglass Hut, Heritage Mall, CoinMover Bitcoin ATM (Auburn Shell), Centro comercial

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8376519
    Latitude
    42.2059268

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    FAQs

    What type of property is this?
    Shopping center - Junior box retail space available in Shaw's anchored shopping center.
    Where is this shopping center located?
    The property is located at 366-368 Southbridge St Auburn, MA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Up to 44,000 sq ft of retail space available.; - Located in Shaw's Anchored Shopping Center.; - High traffic location: 73,000 AADT (I-290).
    (508) 753-9100
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    366-368 Southbridge St Auburn, MA 01501
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    Auburn, MA 01501
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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
    366-368 Southbridge St Auburn, MA 01501
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