Freestanding Walgreens with
For Sale
Contact for pricing
21 Main St, Waltham, MA 02453
Fee simple single-tenant Walgreens with a drive-through on a freestanding parcel.
Property SizeContact for details
Days on Market123
Property Features for 21 Main St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Horvath & Tremblay
Listed By:
Bob Horvath · License #CT 756500
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 4:43AM
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 Horvath & Tremblay
Investment Insights
Based on property information with market context.
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a fee simple, single-tenant Walgreens. The property features a freestanding Walgreens building with a drive-through and is located on a 1.06-acre parcel.
Walgreens has been at the site for more than 22 years and has exercised two renewal options early. There are 12+ years remaining on the current lease term, with five (5), 5-year renewal options.
The site is positioned at the intersection of Main Street (US Route 20) and Warren Street, in a high-density residential neighborhood. The property is approximately 1.5 miles from downtown Waltham and its shops, restaurants, nightlife, and Bentley University, with access to Boston, Cambridge, and the Route 128 Technology Corridor via I-90 and I-95.
Walgreens has been at the site for more than 22 years and has exercised two renewal options early. There are 12+ years remaining on the current lease term, with five (5), 5-year renewal options.
The site is positioned at the intersection of Main Street (US Route 20) and Warren Street, in a high-density residential neighborhood. The property is approximately 1.5 miles from downtown Waltham and its shops, restaurants, nightlife, and Bentley University, with access to Boston, Cambridge, and the Route 128 Technology Corridor via I-90 and I-95.
Key Highlights
- Fee simple single‑tenant Walgreens at 21 Main Street, Waltham, MA
- 13,855 SF freestanding Walgreens with drive‑thru on a 1.06‑acre parcel
- Tenant has been in place for 22+ years and exercised two renewal options early
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,045
Businesses Nearby
8k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 82%
Dining 18%
Family Dollar
Shops & Services
6,479 visits/mo
0.5 miles
Kung Fu Tea
Dining
1,454 visits/mo
0.4 miles
Demographics for 02453, MA
31,854
Population
13,163
Households
2.4
Avg Household Size
34
Median Age
59%
College-Educated
92%
High-School Grad
3.6 sq mi
ZIP Area
8,848
Density / Sq Mi
$114,029
Median Household Income
$58,036
Median Earnings
$2,063
Median Rent
$666,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Drug store - Fee simple single-tenant Walgreens with a drive-through on a freestanding parcel.
Where is this drug store located?
The property is located at 21 Main St Waltham, MA.
What are key features of this property?
This property features: Fee simple single‑tenant Walgreens at 21 Main Street, Waltham, MA; 13,855 SF freestanding Walgreens with drive‑thru on a 1.06‑acre parcel; Tenant has been in place for 22+ years and exercised two renewal options early
