Leased CVS Retail
For Sale
Contact for pricing
Pending
2100 Acushnet Ave, New Bedford, MA 02745
A CVS-occupied retail building with leased back-area redevelopment potential on mixed-use zoned land.
Property Size15,540 SF
Lot Size0.89 Acres
Days on Market132
Property Features for 2100 Acushnet Ave
General Information
Standard status
Pending
Size
15,540 SF
Lot size
0.89 Acres
Property subtype
Retail
Zoning
Mixed Use Business
Additional Details
Traffic Count
9,923 vehicles/day
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
Gendron Commercial
Listed By:
John Gendron · License #ME 104572
Source:
Crexi
Added: Apr 12
Changed: Aug 13
Last Checked: Aug 20 at 3:40PM
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 Gendron Commercial
Investment Insights
Based on property information with market context.
This for-sale commercial property consists of a 15,540+/- SF building on .89+/- acres, currently occupied by CVS. CVS occupies 8,820+/- SF, with an additional 6,720+/- SF located in the back portion of the building. The rear portion is two stories and is currently configured with two tenants paying minimal rents, with those rents not included in the property’s stated rental income.
CVS has exercised its second option to renew, extending the lease through 1/31/2027, with one additional 5-year renewal option remaining. The landlord is responsible for roof and structure and covers 27.5% of CAM expenses, while CVS pays 72.5%. The property is zoned Mixed Use Business and allows apartment use.
The asset also includes redevelopment opportunity for the rear two-story area to support additional income. Average daily traffic is stated at 9,923 cars per day, and the marketing materials indicate current NOI of $169,366 and current landlord expenses of $21,165.
CVS has exercised its second option to renew, extending the lease through 1/31/2027, with one additional 5-year renewal option remaining. The landlord is responsible for roof and structure and covers 27.5% of CAM expenses, while CVS pays 72.5%. The property is zoned Mixed Use Business and allows apartment use.
The asset also includes redevelopment opportunity for the rear two-story area to support additional income. Average daily traffic is stated at 9,923 cars per day, and the marketing materials indicate current NOI of $169,366 and current landlord expenses of $21,165.
Key Highlights
- Commercial building at 2100 Acushnet Ave, New Bedford, MA on 0.89+/- AC with 15,540+/- SF total building area
- CVS lease: 8,820+/- SF occupied by CVS, with additional 6,720+/- SF in the rear; second option renewed through 1/31/2027
- Lease terms: landlord responsible for roof and structure; landlord pays 27.5% of CAM expenses while CVS pays 72.5%
Property Analytics
Current Use
Lease Details
9,923 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
569
Businesses Nearby
68k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Dining 36%
Apparel 1%
Dollar Tree
Shops & Services
18,978 visits/mo
0.2 miles
Dunkin' Donuts
Dining
11,706 visits/mo
0.1 miles
Bank of America
Shops & Services
9,880 visits/mo
0.4 miles
KFC
Dining
9,710 visits/mo
0.2 miles
Santander Bank
Shops & Services
6,592 visits/mo
0.1 miles
Demographics for 02745, MA
25,336
Population
10,649
Households
2.4
Avg Household Size
41
Median Age
20%
College-Educated
83%
High-School Grad
9.8 sq mi
ZIP Area
2,585
Density / Sq Mi
$73,154
Median Household Income
$46,978
Median Earnings
$1,104
Median Rent
$339,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- CVS — 2100 Acushnet Ave, New Bedford, MA 02745
- CVS — 786 Ashley Blvd, New Bedford, MA 02745
- CVS Pharmacy — 786 Ashley Blvd, New Bedford, MA 02745
- CVS Pharmacy — 2100 Acushnet Ave, New Bedford, MA 02745
- Amy Berube — 2170 Acushnet Ave, New Bedford, MA 027456317
Frequently Asked Questions
What type of property is this?
Drug store - A CVS-occupied retail building with leased back-area redevelopment potential on mixed-use zoned land.
Where is this drug store located?
The property is located at 2100 Acushnet Ave New Bedford, MA.
What are key features of this property?
This property features: Commercial building at 2100 Acushnet Ave, New Bedford, MA on 0.89+/- AC with 15,540+/- SF total building area; CVS lease: 8,820+/- SF occupied by CVS, with additional 6,720+/- SF in the rear; second option renewed through 1/31/2027; Lease terms: landlord responsible for roof and structure; landlord pays 27.5% of CAM expenses while CVS pays 72.5%
