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Heated Cross-Dock Distribution Facility
For Lease
$20 SF/Yr

221 Cherry Street, Shrewsbury, MA 01545

Purpose-built industrial facility with enclosed cross-dock operations and fenced outdoor storage capacity.

Space Size12,000 SF
Days on Market49

Property Features for 221 Cherry Street

General Information

Standard status Active
Size 12,000 SF
Property subtype Industrial
Lease Term NNN

Building Details

Building Size 12,000 SF

Spaces For Lease

at 221 Cherry Street
12,000 SF Cross-Dock Building $20/SF/Yr
Size 12,000 SF
Type Warehouse/Distribution
Term Negotiable
Contact us
Listing Agency: Kelleher & Sadowsky Associates Inc
Listed By: James Cozza · License #9516584
Source: Kelleher-sadowsky
Added: Sep 1 Changed: Oct 15 Last Checked: Oct 19 at 5:38AM

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 Kelleher & Sadowsky Associates Inc

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Investment Insights

Based on property information with market context.

The property at 221 Cherry Street is a purpose-built distribution facility configured for cross-dock operations. The building is fully heated, supporting year-round use, and the site includes nearly ±4 acres of fenced outdoor storage. An additional ±2.65 acres may also be available at the adjoining parcel.

Located in Shrewsbury, Massachusetts, the facility sits between Route 9 and Route 20, providing access to the Worcester market and the broader regional highway network. Its Central Massachusetts position places the property within reach of the area’s population and employment base.

Key Highlights

  • Purpose‑built, fully heated cross‑dock distribution facility
  • Nearly ±4 acres of fenced outdoor storage
  • Additional ±2.65 acres available at adjacent parcel

Property Analytics

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Current Use

Apollo Motor Express ... Trucking Company Teals Express Inc Trucking Company

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Plumbing Service Bakery

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

178
Businesses Nearby

Demographics for 01545, MA

38,316
Population
15,318
Households
2.5
Avg Household Size
41
Median Age
66%
College-Educated
96%
High-School Grad
20.8 sq mi
ZIP Area
1,842
Density / Sq Mi
$136,225
Median Household Income
$74,718
Median Earnings
$2,046
Median Rent
$555,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Distribution center - Purpose-built industrial facility with enclosed cross-dock operations and fenced outdoor storage capacity.
Where is this distribution center located?
The property is located at 221 Cherry Street Shrewsbury, MA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Purpose‑built, fully heated cross‑dock distribution facility; Nearly ±4 acres of fenced outdoor storage; Additional ±2.65 acres available at adjacent parcel
More about this property
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