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Three-Tenant Neighborhood Shopping Center
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240 East Ashland Street, Brockton, MA 02302

Retail center with grocery, pharmacy, and food-service tenancy, including a pad-site ground lease.

Property SizeContact for details
Days on Market143

Property Features for 240 East Ashland Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: Marcus & Millichap - Westchester
Listed By: Joseph French Jr. · License #NY 10301207036
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 3:18PM

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 Marcus & Millichap - Westchester

Investment Insights

Based on property information with market context.

Cary Hill Shopping Center is a 37,525-square-foot neighborhood retail center at 240 East Ashland Street in Brockton, Massachusetts. The property includes three tenant spaces: Save-A-Lot occupies 25,575 SF, CVS occupies 9,750 SF, and Dunkin’ Donuts occupies 2,200 SF on a separate pad site under a ground lease.

The center has frontage on North Cary Street. A Family Dollar store is adjacent to the CVS space, but it is separately owned and excluded from the offering. The tenant lineup combines grocery, pharmacy, and food-service uses within a single shopping center asset.

Key Highlights

  • 37,525‑square‑foot neighborhood shopping center in Brockton, Massachusetts
  • Three tenants: Save‑A‑Lot, CVS, and Dunkin’ Donuts
  • Save‑A‑Lot occupies 25,575 SF

Property Analytics

Current Use

Cary Hill Shopping ... Business Service Center Price Rite Marketplace ... Grocery & Convenience Store PRICE RIGHT Grocery & Convenience Store Cardtronics ATM Atm Polster Solution Metal Industry Suppliers

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center 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.

Location Intelligence

Trade Area within ½ mile

436
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 38% Shops & Services 34% Dining 28%
Price Rite Groceries
16,636 visits/mo 0.0 miles
Dunkin' Donuts Dining
12,235 visits/mo 0.1 miles
Sunoco Shops & Services
6,118 visits/mo 0.1 miles
Family Dollar Shops & Services
6,074 visits/mo 0.0 miles
Shell Shops & Services
2,539 visits/mo 0.1 miles

Demographics for 02302, MA

36,202
Population
12,828
Households
2.8
Avg Household Size
38
Median Age
21%
College-Educated
83%
High-School Grad
8.9 sq mi
ZIP Area
4,068
Density / Sq Mi
$87,560
Median Household Income
$45,342
Median Earnings
$1,476
Median Rent
$395,000
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
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail center with grocery, pharmacy, and food-service tenancy, including a pad-site ground lease.
Where is this shopping center located?
The property is located at 240 East Ashland Street Brockton, MA.
What are key features of this property?
This property features: 37,525‑square‑foot neighborhood shopping center in Brockton, Massachusetts; Three tenants: Save‑A‑Lot, CVS, and Dunkin’ Donuts; Save‑A‑Lot occupies 25,575 SF
More about this property
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