Listing Agency: Atlantic Retail Boston

Listed By: Andrew Murmes · License #N/A Show Phone

Source: Crexi

Added: Feb 21 Changed: Sep 25 Last Checked: Oct 5 at 4:11PM

Report an Issue

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 Boston

Investment Insights

Based on property information with market context.

This is a retail space available for sale, offering 2,232 square feet of space.

Key Highlights

• Retail Property
• 2,232 SqFt of space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$32,080

Cap Rate

8.02%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$641,600 $641.6K

Cap Rate 7%

$458,286 $458.3K

Cap Rate 9%

$356,444 $356.4K

Market Conditions

NOI Build-Up for 2,232 SF

Gross rent

$49.0K $21.96/SF

− Vacancy

−$3.2K −$1.43/SF

EGI

$45.8K $20.53/SF

− OpEx

−$13.7K −$6.16/SF

NOI

$32.1K $14.37/SF

Area

Middlesex County, MA

Vacancy

6.50%

Lease Rate

$21.96 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$641,600

Cap Rate 7%

$458,286

Cap Rate 9%

$356,444

Alternative Uses

Best Use

Retail

$458.3K

$401.0K – $534.7K (±1% cap)

NOI $32,080 @ 7.0% cap · market cap 8.02%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.32M

$1.16M – $1.54M (±1% cap)

NOI $92,494 @ 7.0% cap · market cap 23.12%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Northboro Septic General Contractor Septic & Sewer Supplies, ... Plumbing Service Brite Clean Hardware & Home Improvement Curtis Septic Service Plumbing Service

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Hair Salon Restaurant Auto Parts Store

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

189

Businesses Nearby

26k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 70% Home Improvements & Furnishings 17% Shops & Services 13%

Shaw's Supermarket Groceries

18,012 visits/mo 0.1 miles

Aubuchon Hardware Home Improvements & Furnishings

4,465 visits/mo 0.2 miles

Citizens Bank Shops & Services

3,423 visits/mo 0.1 miles

Demographics for 01775, MA

7,190

Population

2,761

Households

2.6

Avg Household Size

46

Median Age

77%

College-Educated

99%

High-School Grad

17.3 sq mi

ZIP Area

416

Density / Sq Mi

$177,862

Median Household Income

$82,837

Median Earnings

$1,829

Median Rent

$657,900

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Garden Center with Rental Residence

577 Great Rd, Stow, MA 01775

$975,000

1.92 Acres

View details

Triplex with Detached Three-Bay Garage

213 Great Road, Stow, MA 01775

$849,000

3,323 SF

View details

Frequently Asked Questions

What type of property is this?

Retail space - Retail space with 2,232 SqFt available for purchase.

Where is this retail space located?

The property is located at 128 Great Rd Stow, MA.

What is the asking price?

The asking price for this property is $400,000.

What are key features of this property?

This property features: Retail Property; 2,232 SqFt of space