Three-Tenant Retail Shopping
For Sale
Contact for pricing
Pending
653 Worcester Rd, Framingham, MA 01701
Three-tenant shopping center 100% leased to Walgreens, AAA, and Supercuts.
Property Size20,693 SF
Days on Market110
Property Features for 653 Worcester Rd
General Information
Standard status
Pending
Size
20,693 SF
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
CBRE - Atlanta
(404) 504-7893
Listed By:
Chris Bosworth · License #GA 248342
Source:
Crexi
Added: Apr 12
Changed: Jul 20
Last Checked: Jul 30 at 1:15PM
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 CBRE - Atlanta
Investment Insights
Based on property information with market context.
This three-tenant shopping center totals 20,693 square feet and is fully leased to Walgreens, AAA, and Supercuts. Walgreens is on a new 13-year sale-leaseback, while AAA and Supercuts have approximately 6.6 years remaining, each recently extended through 2028.
The property is located at 653 Worcester Rd in Framingham, Massachusetts.
The current tenant lineup provides a diversified mix of established uses under long-term leases, with all space leased as of the offering.
The property is located at 653 Worcester Rd in Framingham, Massachusetts.
The current tenant lineup provides a diversified mix of established uses under long-term leases, with all space leased as of the offering.
Key Highlights
- 20,693‑SF, three‑tenant shopping center 100% leased to Walgreens, AAA, and Supercuts
- Walgreens: 15,400 SF with new 13‑year sale‑leaseback; $417,000 total annual rent ($27.08 PSF)
- AAA: 3,543 SF with ~6.6 years remaining; recently extended through 2028; $111,605 annual rent ($31.50 PSF)
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,172
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01701, MA
33,005
Population
13,131
Households
2.5
Avg Household Size
44
Median Age
61%
College-Educated
95%
High-School Grad
16.9 sq mi
ZIP Area
1,953
Density / Sq Mi
$127,000
Median Household Income
$69,672
Median Earnings
$1,973
Median Rent
$612,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Trolley Square — 855 Worcester Rd, Framingham, MA 01701
- Hamilton Plaza West — 680 Worcester Rd, Framingham, MA 01702
- One Framingham Center — Unnamed Road, Framingham, MA 01701
Frequently Asked Questions
What type of property is this?
Shopping center - Three-tenant shopping center 100% leased to Walgreens, AAA, and Supercuts.
Where is this shopping center located?
The property is located at 653 Worcester Rd Framingham, MA.
What are key features of this property?
This property features: 20,693‑SF, three‑tenant shopping center 100% leased to Walgreens, AAA, and Supercuts; Walgreens: 15,400 SF with new 13‑year sale‑leaseback; $417,000 total annual rent ($27.08 PSF); AAA: 3,543 SF with ~6.6 years remaining; recently extended through 2028; $111,605 annual rent ($31.50 PSF)