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Strip Center With Restaurant Anchor
For Sale
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Pending

99 Chelmsford Rd, Billerica, MA 01862

Service-oriented tenancy includes restaurant and fitness operators.

Property Size41,746 SF
Lot Size2.54 Acres
Days on Market141

Property Features for 99 Chelmsford Rd

General Information

Standard status Pending
Size 41,746 SF
Lot size 2.54 Acres
Property subtype Retail
Occupancy 91%

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Atlantic Retail Boston
Listed By: Matt Ericson · License #9571461
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 4:33AM

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 Boston

Investment Insights

Based on property information with market context.

This 41,746-square-foot strip center occupies a 2.54-acre site at 99 Chelmsford Road in Billerica, Massachusetts. The property is currently 91% leased to 10 retail tenants, with local restaurant and fitness operators serving as key occupants. The tenant mix is concentrated in service-oriented retail uses.

The center fronts Chelmsford Road, a direct connection between Billerica and Route 3. Route 3 links Burlington, Lowell, and Nashua, New Hampshire, with additional destinations along the corridor. The property’s existing occupancy and established local tenancy provide a defined operating profile for retail real estate investors.

Key Highlights

  • 41,746‑square‑foot strip center on a 2.54‑acre site
  • 91% leased to 10 retail tenants
  • Local restaurant and fitness operators anchor the service‑oriented tenant mix

Property Analytics

Current Use

AccentOnApparel.com (Bike/Boat/Book/etc) Store BuySidewalkSigns.com (Bike/Boat/Book/etc) Store Icon BJJ Training Center Best Nails and Spa Nail Salon Seasons nails & spa Nail Salon

Suggested Use

Top Pick Auto Parts Store Law Firm Spa & Massage Center Hair Salon Building Supply HVAC Service

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

91%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

231
Businesses Nearby
20k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Dunkin' Donuts Dining
19,730 visits/mo 0.1 miles

Demographics for 01862, MA

11,430
Population
4,263
Households
2.7
Avg Household Size
40
Median Age
39%
College-Educated
91%
High-School Grad
9.1 sq mi
ZIP Area
1,256
Density / Sq Mi
$131,214
Median Household Income
$67,595
Median Earnings
$1,881
Median Rent
$503,600
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?
Strip mall - Service-oriented tenancy includes restaurant and fitness operators.
Where is this strip mall located?
The property is located at 99 Chelmsford Rd Billerica, MA.
What are key features of this property?
This property features: 41,746‑square‑foot strip center on a 2.54‑acre site; 91% leased to 10 retail tenants; Local restaurant and fitness operators anchor the service‑oriented tenant mix
More about this property
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