Listing Agency: CBRE - Boston j***@cbre.com Show Phone

Listed By: Josh Kulak · License #9054391 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 16 Last Checked: Aug 20 at 9:20AM

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Investment Insights

Based on property information with market context.

This commercial real estate property offers 2,400 square feet of retail space for rent. Located on University Drive in Amherst, Massachusetts, the property is suitable for retail businesses.

Key Highlights

• Retail space available for lease.
• Located in Amherst, Massachusetts.

Property Analytics

Property Profile

Current Use

Vip Nails Nail Salon Amherst Shopping Center Shopping Center & Mall Omi Omy Restaurant Papa Johns Pizza Restaurant

Suggested Use

Top Pick Hair Salon Electrical Service Big Box & Wholesale Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Catering 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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

436

Businesses Nearby

178k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 34% Dining 24% Apparel 23% Shops & Services 17%

T.J. Maxx Apparel

35,334 visits/mo 0.3 miles

Big Y World Class Market Groceries

33,714 visits/mo 0.1 miles

Stop & Shop Groceries

26,502 visits/mo 0.3 miles

Chili's Grill & Bar Dining

18,046 visits/mo 0.4 miles

Dollar Tree Shops & Services

17,609 visits/mo 0.2 miles

Demographics for 01002, MA

27,558

Population

11,089

Households

2.5

Avg Household Size

30

Median Age

74%

College-Educated

97%

High-School Grad

53.3 sq mi

ZIP Area

517

Density / Sq Mi

$69,411

Median Household Income

$22,570

Median Earnings

$1,561

Median Rent

$449,000

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available for lease in Amherst, Massachusetts.

Where is this retail space located?

The property is located at 181 University Drive Amherst, MA.

What are key features of this property?

This property features: Retail space available for lease.; Located in Amherst, Massachusetts.