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Single-Tenant Retail Building
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1342 Main St, Reading, MA 01867

HomeGoods occupies the property under a lease running through March 2029, with no renewal options remaining.

Property Size30,000 SF
Days on Market141

Property Features for 1342 Main St

General Information

Standard status Active
Size 30,000 SF
Property subtype Retail

Site & Location

Traffic Count 19,100 vehicles/day
Highway Access Yes

Additional Details

Gross Income $315,000

Building Details

Tenancy Single
Listing Agency: Atlantic Retail Nationwide
Listed By: Chris Peterson · License #9533428
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 4:23PM

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 Nationwide

Investment Insights

Based on property information with market context.

This approximately 30,000-square-foot retail property is configured for a single occupant and is leased to HomeGoods. The tenant has exercised its final option, extending the current term through March 2029; no additional renewal options remain.

The property is located at 1342 Main St in Reading, Massachusetts, near North Reading Plaza and its Walmart, Dollar Tree, and Marshalls tenants. Route 28 carries 19,100 VPD, while the site is positioned near the I-93 and I-95 (Route 128) interchange. The surrounding shopping center recorded 1.7M visitors over the last 12 months, according to placer.ai.

Key Highlights

  • Approximately 30,000 square feet of retail space
  • Single‑tenant property occupied by HomeGoods
  • Lease term extends through March 2029

Property Analytics

Current Use

HomeGoods Department Store Goodwill Attended Donation ... Charitable Organization

Suggested Use

Top Pick Restaurant Real Estate Agency Hair Salon Nail Salon Spa & Massage Center Auto Parts Store

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

19,100 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby
27k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 85% Shops & Services 15%
HomeGoods Home Improvements & Furnishings
23,258 visits/mo 0.1 miles
Mobil Shops & Services
4,049 visits/mo 0.2 miles

Demographics for 01867, MA

25,522
Population
9,895
Households
2.6
Avg Household Size
43
Median Age
65%
College-Educated
96%
High-School Grad
10.0 sq mi
ZIP Area
2,552
Density / Sq Mi
$163,407
Median Household Income
$85,600
Median Earnings
$1,722
Median Rent
$741,100
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?
Retail space - HomeGoods occupies the property under a lease running through March 2029, with no renewal options remaining.
Where is this retail space located?
The property is located at 1342 Main St Reading, MA.
What are key features of this property?
This property features: Approximately 30,000 square feet of retail space; Single‑tenant property occupied by HomeGoods; Lease term extends through March 2029
More about this property
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