Fully Leased Retail Grocery
For Sale
Contact for pricing
500 Lincoln Street, Worcester, MA 01605
Three-building retail portfolio anchored by Kohl’s and Aldi, plus AT&T and CareWell Urgent Care, under a ground lease extending to 2077.
Property Size87,222 SF
Lot Size9.89 Acres
Days on Market122
Property Features for 500 Lincoln Street
General Information
Standard status
Active
Size
87,222 SF
Lot size
9.89 Acres
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
Hunneman
(617) 457-3383
Listed By:
David Ross · License #MA 131004-RE-B
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 12:47PM
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 Hunneman
Investment Insights
Based on property information with market context.
Kohl’s/Aldi Supermarket Plaza is a fully leased three-building retail portfolio totaling approximately 87,222 square feet on 9.89 acres at 500-A Lincoln Street in Worcester, MA. The plaza includes a Kohl’s store (64,485 SF) and an Aldi Supermarket (16,700 SF), each on sub-ground leases and developed as build-to-suits. A 6,035 SF retail center is 100% leased to AT&T and CareWell Urgent Care.
The subject interest is the leasehold, which is governed by a primary ground lease extending until 2077. The portfolio is leased to four credit-quality tenants and is described as stabilized, with cash-flow supported through the remaining term of the primary ground lease.
The subject interest is the leasehold, which is governed by a primary ground lease extending until 2077. The portfolio is leased to four credit-quality tenants and is described as stabilized, with cash-flow supported through the remaining term of the primary ground lease.
Key Highlights
- ±87,222 SF, three‑building fully leased retail portfolio on 9.89 acres at 500‑A Lincoln Street, Worcester, MA 01605
- Primary ground lease extends until 2077, with the portfolio leased to 4 credit quality tenants
- Anchored by Kohl’s (64,485 SF) and Aldi Supermarket (16,700 SF), each on sub‑ground leases built‑to‑suits
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
657
Businesses Nearby
388k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 27%
Dining 20%
Shops & Services 17%
Apparel 15%
Target
Superstores
105,169 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
33,311 visits/mo
0.4 miles
Savers Thrift Store
Apparel
32,850 visits/mo
0.2 miles
McDonald's
Dining
32,314 visits/mo
0.2 miles
Aldi
Groceries
28,110 visits/mo
0.2 miles
Demographics for 01605, MA
29,218
Population
12,757
Households
2.3
Avg Household Size
35
Median Age
32%
College-Educated
87%
High-School Grad
5.7 sq mi
ZIP Area
5,126
Density / Sq Mi
$54,805
Median Household Income
$41,236
Median Earnings
$1,362
Median Rent
$349,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Shopping center - Three-building retail portfolio anchored by Kohl’s and Aldi, plus AT&T and CareWell Urgent Care, under a ground lease extending to 2077.
Where is this shopping center located?
The property is located at 500 Lincoln Street Worcester, MA.
What are key features of this property?
This property features: ±87,222 SF, three‑building fully leased retail portfolio on 9.89 acres at 500‑A Lincoln Street, Worcester, MA 01605; Primary ground lease extends until 2077, with the portfolio leased to 4 credit quality tenants; Anchored by Kohl’s (64,485 SF) and Aldi Supermarket (16,700 SF), each on sub‑ground leases built‑to‑suits
