Retail NNN Investment
For Sale
Contact for pricing
Pending
207 N Main St, Andover, MA 01810
Multi-tenant retail building with fully reimbursable triple-net leases and long-term occupancy through 2036.
Property Size9,264 SF
Lot Size1.15 Acres
Days on Market132
Property Features for 207 N Main St
General Information
Standard status
Pending
Size
9,264 SF
Lot size
1.15 Acres
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 19 at 9:59PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
The property is a multi-tenant retail building offered on a triple-net, fully reimbursable basis, with no landlord responsibilities. Grassfields occupies a portion of the building and has extended its lease through August 31, 2036. Arrow Floor and Wall Company leases additional space under a shorter-term arrangement, leaving flexibility for future repositioning.
The offering includes approximately 9,264 rentable square feet across the building and sits on an estimated 1.15-acre parcel. The NNN Pro Group’s remarks note that the landlord retains the right to terminate the wall/floor tenant if Grassfields ever leaves.
This is an investment opportunity built around long-term tenancy and NNN lease structure, with two tenants currently supported by separate lease agreements.
The offering includes approximately 9,264 rentable square feet across the building and sits on an estimated 1.15-acre parcel. The NNN Pro Group’s remarks note that the landlord retains the right to terminate the wall/floor tenant if Grassfields ever leaves.
This is an investment opportunity built around long-term tenancy and NNN lease structure, with two tenants currently supported by separate lease agreements.
Key Highlights
- 9,264 rentable SF retail building on an estimated 1.15‑acre parcel at 207 North Main Street, Andover, MA 01810
- Grassfields occupies 4,465 SF and extended its lease through August 31, 2036
- Second tenant Arrow Floor and Wall Company leases 4,799 SF (paying under‑market rent on 4,735 SF) under a shorter‑term lease
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,068
Businesses Nearby
103k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 63%
Dining 18%
Shops & Services 11%
Home Improvements & Furnishings 5%
Whole Foods Market
Groceries
41,086 visits/mo
0.2 miles
Stop & Shop
Groceries
24,250 visits/mo
0.1 miles
McDonald's
Dining
18,457 visits/mo
0.1 miles
Sunoco
Shops & Services
6,974 visits/mo
0.1 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
5,615 visits/mo
0.1 miles
Demographics for 01810, MA
35,621
Population
13,803
Households
2.6
Avg Household Size
43
Median Age
75%
College-Educated
97%
High-School Grad
30.5 sq mi
ZIP Area
1,168
Density / Sq Mi
$167,591
Median Household Income
$86,838
Median Earnings
$2,046
Median Rent
$813,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
NNN property - Multi-tenant retail building with fully reimbursable triple-net leases and long-term occupancy through 2036.
Where is this nnn property located?
The property is located at 207 N Main St Andover, MA.
What are key features of this property?
This property features: 9,264 rentable SF retail building on an estimated 1.15‑acre parcel at 207 North Main Street, Andover, MA 01810; Grassfields occupies 4,465 SF and extended its lease through August 31, 2036; Second tenant Arrow Floor and Wall Company leases 4,799 SF (paying under‑market rent on 4,735 SF) under a shorter‑term lease
