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Shopping Center Suite with Kitchen Area
For Lease
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138 S Main St, Milford, MA 01757

Retail shopping center suite available with a kitchen area and flexible space options for multiple use types.

Space Size5,300 SF
Property Size50,025 SF
Days on Market1200

Property Features for 138 S Main St

General Information

Standard status Active
Size 5,300 SF
Net Rentable 1,200 SF
Property subtype RETAIL

Additional Details

Available Space 1,200-17,600 SF
Highway Access Yes

Building Details

Stories 1
Building Size 50,025 SF
Tenancy Multi
Parking Ratio 6.8 per 1,000 SF

Spaces For Lease

at 138 S Main St Contact us

138 S Main St

Floor
1
Size
5,300 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- This space can be combined with Suite 1A for a combined total of 8,800± square...
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Listing Agency: NAI | Parsons Commercial Group - Boston
Listed By: Marilyn Santiago · License #9030582
Source: Moodyscre
Added: Jun 2, 2023 Changed: Sep 8 Last Checked: Sep 13 at 4:25AM

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

Investment Insights

Based on property information with market context.

Available retail suite at Milford Square in a shopping center setting that includes a kitchen area and can be combined with Suite 1A for a combined total of 8,800± square feet.

The property is prominently situated on Route 140 (138 S Main Street), about 0.8 mile to the intersection with Route 16. Additional access from Route 495 is available via Exit 46 or Exit 48, both approximately 4 miles away. Milford Square offers impressive parking, with a parking ratio of over 6.8 spaces per 1,000 square feet, and traffic counts between 12,500 and 13,700 ADT, projected at approximately 1% growth per year.

Milford Square consists of four single-story retail buildings totaling 50,025 square feet, with existing tenants including Homefield Credit Union, Honey Dew Donuts, AT&T, The Garden Restaurant and more. The center is surrounded by major retailers and services, and over 21,000 employees work within a 3 mile radius of the site. Multiple suites are available, with space options from 1,200 sf to 17,600 sf for uses including retail, education, recreation, medical, office, and more.

Key Highlights

  • Kitchen‑area suite that can be combined with Suite 1A for a combined 8,800± SF
  • Four single‑story retail buildings totaling 50,025 SF
  • Parking ratio of over 6.8 spaces per 1,000 SF

Property Analytics

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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

Multi-tenant
Tenancy
Yes
Highway 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
View Realmo Analytics

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
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Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Shopping center - Retail shopping center suite available with a kitchen area and flexible space options for multiple use types.
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: Kitchen‑area suite that can be combined with Suite 1A for a combined 8,800± SF; Four single‑story retail buildings totaling 50,025 SF; Parking ratio of over 6.8 spaces per 1,000 SF
(508) 271-9230 Call to check price and availability
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