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    425 Walnut St Lynnfield, MA 01940

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    For Lease
    Contact for pricing

    Retail space abutting MarketStreet with high traffic count.

    Property size:
    58,783 SF
    Lot size:
    5.61 Acres

    Property Features for 425 Walnut St

    General Information

    Size
    58,783 SF
    Lot size
    5.61 Acres

    Source: Atlantic Retail - Corporate Agent Andrew Jacob

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

    Overview

    Retail Space Near MarketStreet

    This 58,783 square foot retail space is located adjacent to the Sheraton, King Rail Golf Course, and Lynnfield Commons, an 181-unit residential apartment complex. It is immediately abutting MarketStreet, a 653,000 square foot mixed-use lifestyle center consisting of over 90 retailers, Whole Foods, Apple, and 9 restaurants. The property is situated within an active office node that includes Arbella Insurance and Veracross, with 28,000 employees within a 3-mile radius. Yankee Division Highway, near the property, has an average daily traffic count of 60,000. There is potential for adaptive reuse of the existing structure.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Lynnfield
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.0364106
    Latitude
    42.5146977

    Nearby Similar for Lease

    • $18 SF/Yr

      Charming Office Space For Lease

      Office space near Market Street with easy highway and airport access.
      7 Kimball Ln, Lynnfield, MA 01940
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      2,000 SF

      Retail Space in Lynnfield Shoppes

      2,000 SF end cap space available at Lynnfield Shoppes.
      24 Broadway, Lynnfield, MA 01940
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      64,056 SF

      Retail End Cap Space Available

      2,000 SF end cap space at Lynnfield shopping center.
      24-38 Broadway, Lynnfield, MA 01940
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    FAQs

    What type of property is this?
    Retail space - Retail space abutting MarketStreet with high traffic count.
    Where is this retail space located?
    The property is located at 425 Walnut St Lynnfield, MA.
    What are key features of this property?
    This property features: - Immediately abuts MarketStreet, a 653,000 SF mixed-use lifestyle center with over 90 retailers, Whole Foods, Apple, and 9 restaurants.; - Potential for adaptive reuse of the existing structure.; - Located in an active office node with Arbella Insurance, Veracross, and 28,000 employees within 3 miles.
    (617) 239-3600
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    425 Walnut St Lynnfield, MA 01940
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    Lynnfield, MA 01940
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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
    425 Walnut St Lynnfield, MA 01940
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