Two-Tenant Shopping
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208 Main St, Wilmington, MA 01887
New-construction retail plaza leased to Chase Bank and Chipotle at a signalized commercial intersection.
Property Size6,924 SF
Lot Size1.32 Acres
Days on Market141
Property Features for 208 Main St
General Information
Standard status
Active
Size
6,924 SF
Lot size
1.32 Acres
Property subtype
Retail
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Horvath & Tremblay
Listed By:
Bob Horvath · License #CT 756500
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 1:36AM
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 Horvath & Tremblay
Investment Insights
Based on property information with market context.
This two-tenant shopping center is being developed on a 1.32-acre parcel and will contain 6,924 square feet. The planned improvements are occupied by Chase Bank and Chipotle, creating a compact retail and banking configuration within a new-construction plaza. Chase Bank is committed to a new 15-year lease with six 5-year renewal options, while Chipotle has a new 15-year lease with four 5-year renewal options. Both lease agreements provide for 10% rent increases every five years during their initial terms and at the beginning of each renewal period.
The property is located at 208 Main Street at the signalized junction of Richmond Street and Main Street, along Wilmington’s primary commercial and commuter corridor. It is adjacent to McDonald’s and Rustica Memorial Arena, with Wilmington Plaza nearby and anchored by Market Basket, TJ Maxx, and Ace Hardware. The site is also convenient to local schools and surrounding residential neighborhoods.
The property is located at 208 Main Street at the signalized junction of Richmond Street and Main Street, along Wilmington’s primary commercial and commuter corridor. It is adjacent to McDonald’s and Rustica Memorial Arena, with Wilmington Plaza nearby and anchored by Market Basket, TJ Maxx, and Ace Hardware. The site is also convenient to local schools and surrounding residential neighborhoods.
Key Highlights
- 6,924‑square‑foot two‑tenant plaza on a 1.32‑acre parcel
- New construction occupied by Chase Bank and Chipotle
- Chase Bank lease: 15 years plus six 5‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
97k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Dining 23%
Apparel 14%
Cumberland Farms
Shops & Services
19,130 visits/mo
0.1 miles
Dollar Tree
Shops & Services
15,905 visits/mo
0.2 miles
Savers Thrift Store
Apparel
13,197 visits/mo
0.2 miles
Dunkin' Donuts
Dining
12,418 visits/mo
0.0 miles
Speedway
Shops & Services
11,699 visits/mo
0.3 miles
Demographics for 01887, MA
23,349
Population
8,032
Households
2.9
Avg Household Size
42
Median Age
49%
College-Educated
97%
High-School Grad
17.0 sq mi
ZIP Area
1,373
Density / Sq Mi
$161,473
Median Household Income
$73,770
Median Earnings
$2,412
Median Rent
$646,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Shopping center - New-construction retail plaza leased to Chase Bank and Chipotle at a signalized commercial intersection.
Where is this shopping center located?
The property is located at 208 Main St Wilmington, MA.
What are key features of this property?
This property features: 6,924‑square‑foot two‑tenant plaza on a 1.32‑acre parcel; New construction occupied by Chase Bank and Chipotle; Chase Bank lease: 15 years plus six 5‑year renewal options
