Single-Tenant Bank
For Sale
Contact for pricing
1420 Massachusetts Ave, Arlington, MA 02476
Citizens Bank occupies the building under a newly executed NNN lease along a heavily traveled Massachusetts Avenue corridor.
Property SizeContact for details
Days on Market142
Property Features for 1420 Massachusetts Ave
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Traffic Count
30,000 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
JLL - Boston, Massachusetts
(617) 953-0152
Listed By:
Zachary Nitsche · License #MA 9574279
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 4:40PM
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 JLL - Boston, Massachusetts
Investment Insights
Based on property information with market context.
This single-tenant bank property is occupied by Citizens Bank at 1420 Massachusetts Ave in Arlington, Massachusetts. The bank has operated at the site for over 15 years and recently entered into a new 10-year NNN lease, providing a defined lease structure for the property.
Massachusetts Avenue serves as a major thoroughfare with approximately 30,000 vehicles passing daily. The property is positioned in Arlington, a densely populated community located less than 6 miles from Cambridge and 10 miles from Downtown Boston.
Massachusetts Avenue serves as a major thoroughfare with approximately 30,000 vehicles passing daily. The property is positioned in Arlington, a densely populated community located less than 6 miles from Cambridge and 10 miles from Downtown Boston.
Key Highlights
- Citizens Bank has operated at the property for over 15 years
- New 10‑year NNN lease recently executed
- Single‑tenant bank property at 1420 Massachusetts Ave
Property Analytics
Current Use
Lease Details
30,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
727
Businesses Nearby
66k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 45%
Dining 33%
Shops & Services 12%
Beauty & Spa 6%
Trader Joe's
Groceries
19,691 visits/mo
0.2 miles
Starbucks
Dining
12,818 visits/mo
0.2 miles
Penzeys Spices
Groceries
9,958 visits/mo
0.2 miles
Dunkin' Donuts
Dining
9,277 visits/mo
0.4 miles
Unleashed by Petco
Shops & Services
4,817 visits/mo
0.1 miles
Demographics for 02476, MA
17,757
Population
8,058
Households
2.2
Avg Household Size
44
Median Age
75%
College-Educated
96%
High-School Grad
2.1 sq mi
ZIP Area
8,456
Density / Sq Mi
$145,150
Median Household Income
$91,600
Median Earnings
$1,823
Median Rent
$882,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - Citizens Bank occupies the building under a newly executed NNN lease along a heavily traveled Massachusetts Avenue corridor.
Where is this bank located?
The property is located at 1420 Massachusetts Ave Arlington, MA.
What are key features of this property?
This property features: Citizens Bank has operated at the property for over 15 years; New 10‑year NNN lease recently executed; Single‑tenant bank property at 1420 Massachusetts Ave
