Retail Storefront with 10-Foot
For Lease
$40 SF/Yr NNN
12 Essex St, Melrose, MA 02176
Newly constructed downtown retail unit features an open floor plan, 10'+ ceilings, and fully sprinkled fire protection.
Space SizeContact for details
Property Size1,600 SF
Days on Market128
Property Features for 12 Essex St
General Information
Standard status
Active
Size
1,600 SF
Property subtype
COMMERCIAL
Zoning
BA-1
Lease Type
NNN
Additional Details
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$999
Amenities
Handicapped bathrooms
Open floor plan
Building Details
Building Size
1,600 SF
Year Built
2026
Listing Agency:
Pondfield Commercial Group
Listed By:
Jason Madden
(781) 389-1090
Source:
Allisonmazer
Added: Jun 25
Changed: Oct 26
Last Checked: Oct 28 at 2:18PM
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 Pondfield Commercial Group
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Investment Insights
Based on property information with market context.
A brand new construction retail storefront is being offered for rent with an open floor plan and 10'+ ceilings. The unit includes two handicapped-accessible bathrooms and is fully sprinkled. BA-1 zoning allows for a variety of commercial uses, and the space will be available at the end of April.
The property is located downtown Melrose, across from City Hall and just off Main Street.
This is expected to be a triple net lease, with estimated triple net expenses of $8/sf as a placeholder figure subject to change. The listed size is approximate and should be verified by the tenant.
The property is located downtown Melrose, across from City Hall and just off Main Street.
This is expected to be a triple net lease, with estimated triple net expenses of $8/sf as a placeholder figure subject to change. The listed size is approximate and should be verified by the tenant.
Key Highlights
- Brand new commercial unit (Year Built 2026) available at the end of April
- Downtown Melrose location across from City Hall, just off Main Street
- Open floor plan with 10'+ ceilings
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,430
Businesses Nearby
74k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 42%
Shops & Services 30%
Dining 25%
Leisure 1%
Shaw's Supermarket
Groceries
31,118 visits/mo
0.1 miles
Starbucks
Dining
9,356 visits/mo
0.1 miles
Mobil
Shops & Services
8,056 visits/mo
0.3 miles
Dunkin' Donuts
Dining
7,450 visits/mo
0.4 miles
Bank of America
Shops & Services
7,063 visits/mo
0.2 miles
Demographics for 02176, MA
29,817
Population
12,724
Households
2.3
Avg Household Size
41
Median Age
62%
College-Educated
95%
High-School Grad
4.7 sq mi
ZIP Area
6,344
Density / Sq Mi
$126,854
Median Household Income
$80,293
Median Earnings
$1,933
Median Rent
$796,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Green Rose — 35 green st, melrose, ma 02176
Frequently Asked Questions
What type of property is this?
Storefront property - Newly constructed downtown retail unit features an open floor plan, 10'+ ceilings, and fully sprinkled fire protection.
Where is this storefront property located?
The property is located at 12 Essex St Melrose, MA.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: Brand new commercial unit (Year Built 2026) available at the end of April; Downtown Melrose location across from City Hall, just off Main Street; Open floor plan with 10'+ ceilings
