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Retail Space with Parking Garage
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1 Green Island Blvd, Worcester, MA 01610

Retail and restaurant/service amenity space is planned for delivery in Spring 2023, with a 350-car parking garage plus additional parking.

Property Size3,087 SF
Days on Market1294

Property Features for 1 Green Island Blvd

General Information

Standard status Active
Size 3,087 SF
Property subtype RETAIL
Listing Agency: Atlantic Retail - Corporate
Listed By: Adam Cirel
Source: Moodyscre
Added: Jan 13, 2023 Changed: Jul 27 Last Checked: Jul 29 at 3:55PM

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.

Retail space to be delivered in Spring 2023 at 1 Green Island Blvd, Worcester, MA. The planned Phase 1 provides up to 18,000 square feet of total retail space, with availability described for restaurant, service, and amenity uses.

Parking is supported by a 350-car parking garage, along with additional surface lot parking and street parking.

Space is being offered for lease in the newly planned retail development, with tenant-ready options characterized by retail-focused configurations and complementary restaurant and service/amenity components.

Key Highlights

  • Retail and restaurant/service amenity space planned for delivery in Spring 2023
  • Phase 1 includes up to 18,000 SF of total retail space
  • Includes restaurant, service, and amenity space

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 - Retail and restaurant/service amenity space is planned for delivery in Spring 2023, with a 350-car parking garage plus additional parking.
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: Retail and restaurant/service amenity space planned for delivery in Spring 2023; Phase 1 includes up to 18,000 SF of total retail space; Includes restaurant, service, and amenity space
(617) 335-6765 Call to check price and availability
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