Listing Agency: Kelleher & Sadowsky Show Phone

Listed By: Chris Naff · License #9515069 Show Phone

Source: Moodyscre

Added: Oct 1, 2024 Changed: Jul 30 Last Checked: Aug 2 at 12:20PM

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Investment Insights

Based on property information with market context.

225 Shrewsbury Street is a shopping center available for lease in Worcester, MA, with an expansion planned to bring three potentially sub-divisible spaces to market. The layout is intended to support retail or restaurant concepts, offering flexibility for tenants that need adaptable footprints within the same center. The property is described as having a modern feel, with ample parking to support customer access.

The shopping center is positioned on Shrewsbury Street with excellent visibility on Restaurant Row. Access is supported by convenient connections to I-290, I-190, Route 9, and Route 146, which can help simplify travel for employees and customers coming from multiple directions.

The currently listed size is 4,383 SF, with the expansion targeting three spaces that may be configured for retail and restaurant use depending on tenant needs.

Key Highlights

• 4,383 SF shopping center available for lease
• Expansion planned to deliver three potentially sub‑divisible spaces
• Spaces intended for retail or restaurant use

Property Analytics

Current Use

Mexicali Cantina Grill Restaurant Gentle Dental Worcester Dental Office Filete Robert E ... Dental Office Giraldo Jhon O ... Dental Office Dr. Aiymani S. ... Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Furniture & Home Goods Veterinary Clinic Garden Center 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

Yes

Highway access

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

1,896

Businesses Nearby

21k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 60% Shops & Services 36% Home Improvements & Furnishings 4%

Dunkin' Donuts Dining

9,679 visits/mo 0.2 miles

ScrubaDub Car Wash Shops & Services

5,749 visits/mo 0.3 miles

SUBWAY Dining

2,788 visits/mo 0.2 miles

Enterprise Rent-A-Car Shops & Services

1,116 visits/mo 0.0 miles

City Electric Supply Home Improvements & Furnishings

786 visits/mo 0.4 miles

Demographics for 01604, MA

41,301

Population

18,166

Households

2.3

Avg Household Size

37

Median Age

31%

College-Educated

86%

High-School Grad

6.6 sq mi

ZIP Area

6,258

Density / Sq Mi

$72,911

Median Household Income

$45,596

Median Earnings

$1,570

Median Rent

$321,900

Median Home Value

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

Questions? Ask Rey

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What type of property is this? Where is this shopping centers located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Shopping center - Lease space offers visibility and ample parking, with three potentially sub-divisible units for retail or restaurant use.

Where is this shopping center located?

The property is located at 225 Shrewsbury St Worcester, MA.

What are key features of this property?

This property features: 4,383 SF shopping center available for lease; Expansion planned to deliver three potentially sub‑divisible spaces; Spaces intended for retail or restaurant use