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Retail Building with 6.75% Cap
For Sale
Contact for pricing
Pending

50 Essex Street, Lawrence, MA 01915

For sale retail property featuring a 6.75% cap rate and 7,600 SF of space.

Days on Market111

Property Features for 50 Essex Street

General Information

Standard status Pending
Property subtype Retail
Listing Agency: CBRE Atlanta
Listed By: Thomas Carr · License #374849
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Jul 29 at 11:57AM

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 retail property is offered for sale with a stated 6.75% cap rate and a total of 7,600 SF. The listing is structured for investors and operators seeking an income-oriented retail asset within a clearly defined footprint.

The property is located at 50 Essex Street in Lawrence, MA 01915. For specifics on current configuration, tenancy, and unit layout, interested parties should request additional details from the listing agent.

With the available information, the most practical takeaway is the combined retail size and the seller-stated capitalization rate, which can be used as a starting point for underwriting and comparison against other retail opportunities.

Key Highlights

  • Retail property for sale
  • 7,600 SF retail space
  • 6.75% cap rate

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Hair Salon Nail Salon Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

587
Businesses Nearby

Demographics for 01915, MA

42,341
Population
17,318
Households
2.4
Avg Household Size
40
Median Age
51%
College-Educated
97%
High-School Grad
14.2 sq mi
ZIP Area
2,982
Density / Sq Mi
$102,347
Median Household Income
$57,989
Median Earnings
$1,684
Median Rent
$619,600
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail property featuring a 6.75% cap rate and 7,600 SF of space.
Where is this retail space located?
The property is located at 50 Essex Street Lawrence, MA.
What are key features of this property?
This property features: Retail property for sale; 7,600 SF retail space; 6.75% cap rate
(404) 504-7893 Call to check price and availability
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