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Single-Story Retail Shopping Center
For Lease
Contact for pricing

138 S Main St, Milford, MA 01757

Four single-story retail buildings offer suites from 1,200 to 17,600 sf with ample parking.

Space Size4,000 SF
Days on Market1372

Property Features for 138 S Main St

General Information

Standard status Active
Size 4,000 SF
Property subtype RETAIL

Site & Location

Traffic Count 13,700 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Stories 1
Tenancy Multi

Spaces For Lease

at 138 S Main St
138 S Main St AVAILABLE, Now
Floor 1
Size 4,000 SF
Type RETAIL
Rate Contact for pricing
Lease Type NNN
Sublease No
- Exciting new opportunities available at milford square. - Spaces available from 1,200 sf to 17,600 sf that can accommodate a variety of uses including: retail, education, recreational, medical, office, and more! - The property is prominently situated on route 140 (138 south main street) just 0.8 mile to the intersection of route 16 and more than one point of access to/from route 495 (exit 46 or exit 48 both approximately 4 miles). - Impressive parking ratio of over 6.8 spaces per 1,000 sf. - Over 21,000 employees work within a 3 mile radius of the site. - The property consists of four single-story retail buildings totaling 50,025 sf. - Existing tenants in the center include: homefield credit union, honey dew donuts, at&t, the garden restaurant and more. - Traffic counts between 12,500 - 13,700 adt projected approximately 1% growth per year, due to the increase in commercial activity, zoning changes and its proximity to medical facilities and new major commercial centers. - Neighboring companies and retailers include: amazon, cvs, planet fitness, day care centers, medical offices and facilities (milford regional medical center and the dana farber/brigham & women's cancer center), banks and more.
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Listing Agency: NAI | Parsons Commercial Group - Boston
Listed By: Marilyn Santiago
Source: Moodyscre
Added: Jan 27, 2023 Changed: Oct 25 Last Checked: Oct 28 at 9:11AM

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 NAI | Parsons Commercial Group - Boston

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Investment Insights

Based on property information with market context.

Milford Square presents a four-building, single-story retail shopping center totaling 50,025 sf. Space is available from 1,200 sf to 17,600 sf, supporting a range of potential uses including retail, education, recreational, medical, and office. The center’s parking ratio is over 6.8 spaces per 1,000 sf.

The property is prominently situated on Route 140 (138 S Main Street), approximately 0.8 mile from the intersection of Route 16. Access to and from Route 495 is available via Exit 46 or Exit 48, each approximately 4 miles from the site. Traffic counts are projected at 12,500 to 13,700 ADT with an estimated 1% growth per year.

Existing tenants in the center include Homefield Credit Union, Honey Dew Donuts, AT&T, and The Garden Restaurant. Nearby and regional activity includes employers within a 3-mile radius and major retailers and services such as Amazon, CVS, and Planet Fitness, along with day care and medical facilities.

Key Highlights

  • Four single‑story retail buildings totaling 50,025 sf
  • Available suites range from 1,200 sf to 17,600 sf for a variety of uses
  • Prominently located on Route 140 (138 S Main St), 0.8 mile to the Route 16 intersection

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Milford Floor Covering Carpet & Flooring Store Blend Salon and Co. Hair Salon Mark Medeiros Alternative Medicine Practice Ana Delgado Spa & Massage Center Joseph & Thomas Opticians Ophthalmologist

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Pet Grooming Service Butcher Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13,700 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

238
Businesses Nearby
78k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 46% Shops & Services 22% Superstores 21% Home Improvements & Furnishings 6%
McDonald's Dining
20,935 visits/mo 0.1 miles
Dollar Tree Shops & Services
17,110 visits/mo 0.1 miles
Big Lots Superstores
16,343 visits/mo 0.1 miles
Dunkin' Donuts Dining
8,232 visits/mo 0.2 miles
Milford Ace Hardware Home Improvements & Furnishings
5,073 visits/mo 0.1 miles

Demographics for 01757, MA

30,479
Population
11,833
Households
2.6
Avg Household Size
40
Median Age
34%
College-Educated
87%
High-School Grad
15.1 sq mi
ZIP Area
2,018
Density / Sq Mi
$92,951
Median Household Income
$47,975
Median Earnings
$1,702
Median Rent
$444,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Milford Square — 138 S Main St, Milford, MA 01757

Frequently Asked Questions

What type of property is this?
Shopping center - Four single-story retail buildings offer suites from 1,200 to 17,600 sf with ample parking.
Where is this shopping center located?
The property is located at 138 S Main St Milford, MA.
What are key features of this property?
This property features: Four single‑story retail buildings totaling 50,025 sf; Available suites range from 1,200 sf to 17,600 sf for a variety of uses; Prominently located on Route 140 (138 S Main St), 0.8 mile to the Route 16 intersection
(508) 271-9230 · Office Call to check price and availability
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