Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Highland Common E 5-19 Hudson, MA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail spaces available in premier central Massachusetts power center.

    Type:RETAIL
    Property size:
    24,661 SF
    Lot size:
    86.72 Acres
    Added:
    Aug 25, 2023
    Days on Market:
    980
    Last Refresh:
    Apr 5 at 10:15 pm

    Property Features for Highland Common E 5-19

    General Information

    Standard status
    Active
    Size
    24,661 SF
    Lot size
    86.72 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at Highland Common E 5-19 Contact us

    We can help!

    Listing Contact
    Adam Cirel

    Listing agent Adam Cirel

    Listing office Atlantic Retail - Corporate

    Listing date Aug 25, 2023

    Source Moodyscre

    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 Atlantic Retail - Corporate

    Overview

    Retail Space in Power Center

    Retail spaces, including small shops and junior anchor spaces, are available within a premier power center. This shopping center has nearly 1 million square feet and serves central Massachusetts. The location is accessible via two fully signalized entrances at I-495 and Route 62, with pylon signage available. Traffic counts are significant, with I-495 recording 105,810 ADT and Route 62 recording 15,408 ADT. Co-tenants include Market Basket, Cabela’s, BJ’s, Lowe’s, Michaels, TJMaxx, LL Bean, PetSmart, and Ulta. The available space is 24,661 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Map

    City
    Hudson
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.5662
    Latitude
    42.3918

    Nearby Similar for Lease

    • Contact for pricing

      Retail Space Available For Lease

      1,675 Sq. Ft. retail unit for lease.
      39-45 Main St, Hudson, MA 01749
      View Details
    • Contact for pricing

      Warehouse Space with Loading Dock

      4,500 SF warehouse space with private loading dock near I-495.
      30 Apsley St, Hudson, MA 01749
      View Details
    • Contact for pricing

      Hudson Industrial and Office Space

      Office and industrial spaces available for lease in Hudson, MA.
      577 Main Street, Hudson, MA 01749
      View Details
    • $16 SF/Yr

      Office Space Near Highland Commons

      Office and retail spaces available near major highways and amenities.
      131 Coolidge Street, Hudson, MA 01749
      View Details
    • Contact for pricing

      Downtown Hudson Office/Retail Space

      Office/Retail space available for lease in Downtown Hudson, Massachusetts.
      69 71 Main St, Hudson, MA 01749
      View Details
    • Contact for pricing

      Hudson Flex Space Available

      Office and industrial spaces for lease in multi-tenant building.
      577 Main Street Hudson, MA 01749
      View Details
    • Contact for pricing

      Flex/Office Space with Warehouse

      35,000 SF flex/office space with warehouse and loading docks.
      2 Cabot Road, Hudson, Massachusetts 01749
      View Details
    • Contact for pricing

      Hudson Office Space For Rent

      Office space available near I-495 in Hudson, MA.
      2 Coolidge Street, Hudson, MA 01749
      View Details
    • Contact for pricing

      Hudson Office and Storage Space

      Office and storage space available for lease in Hudson, MA.
      83 Central St, Hudson, MA 01749
      View Details
    • Contact for pricing

      Retail Space in Hudson, MA

      Retail spaces available in a premier power center in Hudson.
      17 Highland Common E, Hudson, MA 01749
      View Details
    • Contact for pricing

      Downtown Hudson Office/Retail Space

      Office/Retail space in Downtown Hudson, Massachusetts available for lease.
      69 71 Main St, Hudson, MA 01749
      View Details
    • $18 SF/Yr

      Renovated Office Space Available

      Office space with renovated lobby, shared conference room, and workout area.
      1 Cabot Rd, Hudson, MA
      View Details

    FAQs

    What type of property is this?
    Shopping mall - Retail spaces available in premier central Massachusetts power center.
    Where is this shopping mall located?
    The property is located at Highland Common E 5-19 Hudson, MA.
    What are key features of this property?
    This property features: Premier power center location with nearly 1M SF serving Central Massachusetts.; High traffic location at I‑495 & Route 62 (I‑495 - 105,810 ADT; Route 62 - 15,408 ADT).; Strong co‑tenancy anchored by major retailers.
    (617) 335-6765 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Adam Cirel
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!