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Planned Retail and Restaurant Space
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1 Green Island Blvd, Worcester, MA 01610

Planned retail and restaurant space includes restaurant, service, and amenity areas with large parking support.

Property Size1,363 SF
Days on Market1294

Property Features for 1 Green Island Blvd

General Information

Standard status Active
Size 1,363 SF
Property subtype RETAIL
Listing Agency: Atlantic Retail - Corporate
Listed By: Adam Cirel
Source: Moodyscre
Added: Jan 13, 2023 Changed: Jul 26 Last Checked: Jul 29 at 4:10PM

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 - Corporate

Investment Insights

Based on property information with market context.

Planned retail space to be delivered in Spring 2023, with Phase 1 offering up to 18,000 square feet of total retail space. The available offerings include restaurant, service, and amenity space.

Parking is a key feature, with a 350-car parking garage plus additional surface lot and street parking.

The property is positioned for retail and foodservice operations within a mixed-use context in Worcester, with a delivery timeline set for Spring 2023.

Key Highlights

  • Phase 1 delivers up to 18,000 SF of total retail space
  • Planned tenant mix includes restaurant, service, and amenity space
  • Retail scheduled for delivery in spring 2023

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Accounting Firm Skin Care Clinic Pharmacy

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,554
Businesses Nearby
84k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 46% Shops & Services 32% Groceries 18% Home Improvements & Furnishings 4%
Burger King Dining
19,049 visits/mo 0.2 miles
Gala Foods Supermarket Groceries
15,286 visits/mo 0.4 miles
Dunkin' Donuts Dining
13,113 visits/mo 0.2 miles
Speedway Shops & Services
9,299 visits/mo 0.2 miles
Shell Shops & Services
8,050 visits/mo 0.3 miles

Demographics for 01610, MA

28,717
Population
10,263
Households
2.8
Avg Household Size
28
Median Age
18%
College-Educated
74%
High-School Grad
2.1 sq mi
ZIP Area
13,675
Density / Sq Mi
$43,757
Median Household Income
$22,978
Median Earnings
$1,339
Median Rent
$279,100
Median Home Value

Market

Lease Benchmarks for Worcester, MA

$22.15 /SF/Yr
Avg Asking Price
$6–$37.5 /SF/Yr
Price Range
4,138 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Planned retail and restaurant space includes restaurant, service, and amenity areas with large parking support.
Where is this retail space located?
The property is located at 1 Green Island Blvd Worcester, MA.
What are key features of this property?
This property features: Phase 1 delivers up to 18,000 SF of total retail space; Planned tenant mix includes restaurant, service, and amenity space; Retail scheduled for delivery in spring 2023
(617) 335-6765 Call to check price and availability
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