Walgreens Drugstore at Signalized
For Sale
Contact for pricing
185 Centre St, Malden, MA 02148
Fully leased drugstore positioned near Malden’s central business district.
Property SizeContact for details
Days on Market143
Property Features for 185 Centre St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
KeyPoint Partners, LLC
(781) 418-6225
Listed By:
Jonathan Aron · License #RI REB.0015676
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 2:02AM
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 KeyPoint Partners, LLC
Investment Insights
Based on property information with market context.
The fee-simple property at 185 Centre Street is occupied by a 23,517-square-foot Walgreens drugstore under a 100% lease. The building sits at a signalized corner where Centre Street meets Main Street, placing the asset along the edge of Malden’s busy central business district.
Malden is approximately 5 miles north of Boston and is described as a densely populated, middle-income community. The property is offered in a required joint transaction with the seller’s Walgreens location in Ware, Massachusetts.
Malden is approximately 5 miles north of Boston and is described as a densely populated, middle-income community. The property is offered in a required joint transaction with the seller’s Walgreens location in Ware, Massachusetts.
Key Highlights
- 23,517 SF Walgreens drugstore
- 100% leased to Walgreens
- Fee‑simple interest at 185 Centre St, Malden, MA 02148
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,486
Businesses Nearby
151k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 47%
Shops & Services 29%
Dining 15%
Electronics 8%
Stop & Shop
Groceries
71,257 visits/mo
0.2 miles
Dunkin' Donuts
Dining
16,186 visits/mo
0.2 miles
Bank of America
Shops & Services
13,760 visits/mo
0.1 miles
7-Eleven
Shops & Services
8,925 visits/mo
0.4 miles
Mobil
Shops & Services
8,192 visits/mo
0.5 miles
Demographics for 02148, MA
66,274
Population
28,043
Households
2.4
Avg Household Size
36
Median Age
45%
College-Educated
87%
High-School Grad
5.0 sq mi
ZIP Area
13,255
Density / Sq Mi
$95,298
Median Household Income
$56,077
Median Earnings
$2,066
Median Rent
$607,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Drug store - Fully leased drugstore positioned near Malden’s central business district.
Where is this drug store located?
The property is located at 185 Centre St Malden, MA.
What are key features of this property?
This property features: 23,517 SF Walgreens drugstore; 100% leased to Walgreens; Fee‑simple interest at 185 Centre St, Malden, MA 02148
