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

    Fairhaven, MA 02719 Fairhaven, MA 02719

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

    11,046 SF retail space on 1.28 acres available for lease.

    Type:Retail
    Added:
    Nov 25, 2025
    Days on Market:
    155
    Last Refresh:
    Apr 5 at 8:13 pm

    Property Features

    General Information

    Standard status
    Active
    Property subtype
    Retail

    We can help!

    Listing Contact
    Michael Alberico
    Michael Alberico

    Listing agent Michael Alberico

    Listing office Atlantic Retail - Corporate

    Listing date Nov 25, 2025

    Source Atlanticretail

    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

    Former Walgreens with Drive-Thru

    This property, formerly a Walgreens, offers 11,046 square feet of space situated on 1.28 acres. It is located on Route 6 with a traffic count of 17,002 ADT on Huttleston Avenue. The property includes a drive-thru. It is available for lease, ground lease, or sale, with availability starting August 1, 2028. The property is suitable for various uses including drug stores, individual retail properties, retail properties, drive-through restaurants and restaurants.
    Location Intelligence

    Current Use by Public Records

    Drug stores

    Similar Places Nearby

    • Walgreens Pharmacy — 85 Huttleston Ave, Fairhaven, MA 02719
    • Judith A. Almeida, MSW — 85 Huttleston Ave, Fairhaven, MA 02719
    • Charles Margis — 85 Huttleston Ave, Fairhaven, MA 027193156
    • Marina Wurl — 221 Huttleston Ave, Fairhaven, MA 027191956
    • Fairhaven Pharmacy, Fairhaven, Ma — 72 Main St, Fairhaven, MA 02719

    Map

    City
    Fairhaven
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.8981
    Latitude
    41.6441

    Nearby Similar for Lease

    • $1,750/Mo

      Fairhaven Contractor Bay with Office

      End-unit workspace with office, storage, and Route 6 visibility.
      232-236 Huttleston Ave #1, Fairhaven, MA 02719
      View Details
    • $1,750/Mo

      Fairhaven Contractor Bay with Office

      End-unit workspace with office, storage, and Route 6 visibility.
      232-236 Huttleston Ave 1, Fairhaven, MA 02719
      View Details
    • $22 SF/Yr

      Well-Maintained Office Space Available

      Versatile office spaces in a perfectly located and maintained building.
      200 Mill Rd, Fairhaven, MA 02719
      View Details
    • Contact for pricing

      Former Mazda Dealership For Rent

      13,500 SF automotive property on 3.14 acres available for rent.
      37 Alden Road, Fairhaven, MA 02719
      View Details
    • Contact for pricing

      Fairhaven Plaza Retail Space Available

      2,800 SF in-line retail space at Fairhaven Plaza.
      221 Huttleston Ave, Fairhaven, MA
      View Details
    • Contact for pricing

      Retail Space in Fairhaven, MA

      Retail space available for lease in Fairhaven, Massachusetts.
      16 Berdon Way, Fairhaven, MA 02719
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease.
      37 Alden Road, Fairhaven, MA 02719
      View Details
    • Contact for pricing

      Retail Space in Fairhaven, MA

      Retail space available in Fairhaven, anchored by Ocean State.
      11 Berdon Way, Fairhaven, MA
      View Details
    • $22 SF/Yr

      Well-Maintained Office Space Available

      Great location, flexible spaces, ample parking, and convenient access.
      200 Mill Rd, Fairhaven, MA
      View Details
    • Contact for pricing

      Retail Space For Rent

      Retail space available for rent with high traffic counts.
      9 Peoples Way, Fairhaven, MA 02719
      View Details
    • Contact for pricing

      Retail Space Near Route 6

      Retail property with high traffic count available for lease.
      9-13 Peoples Way, Fairhaven, MA
      View Details
    • Contact for pricing

      Fairhaven Neighborhood Shopping Center Space

      Neighborhood shopping center with strong visibility and ample parking.
      2 Sarahs Wy, Fairhaven, MA 02719
      View Details

    FAQs

    What type of property is this?
    Drug store - 11,046 SF retail space on 1.28 acres available for lease.
    Where is this drug store located?
    The property is located at Fairhaven, MA.
    What are key features of this property?
    This property features: Located on busy Route 6; Drive‑thru; 11,046 SF available on 1.28 acres of land
    (617) 239-3605
    We can help!
    Listing Contact
    Michael Alberico
    Michael Alberico
    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!