CVS Drug Store
For Sale
Contact for pricing
256 Lincoln St, Worcester, MA 01605
Corner retail property leased to CVS with renewal options near major medical facilities.
Property SizeContact for details
Days on Market141
Property Features for 256 Lincoln St
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Corner Location
Yes
Building Details
Tenancy
Single
Listing Agency:
Horvath & Tremblay
Listed By:
Joseph DeSalvo · License #MA 9553866
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 8:42PM
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 drug store property is occupied by CVS, which has operated at the site for more than 40 years. The current lease term runs through the end of July 2025 and includes four additional 5-year renewal options, each providing a 5.0% rent increase.
The property occupies a corner parcel along Lincoln Street at 256 Lincoln St in Worcester, Massachusetts. UMASS Memorial Hahnemann Family Medical Center is less than 250 feet away, while the main UMASS Memorial Medical Center campus is located less than 1 mile from the property. The combination of an established CVS tenancy, defined renewal options, and proximity to major medical facilities provides a clear profile for the asset.
The property occupies a corner parcel along Lincoln Street at 256 Lincoln St in Worcester, Massachusetts. UMASS Memorial Hahnemann Family Medical Center is less than 250 feet away, while the main UMASS Memorial Medical Center campus is located less than 1 mile from the property. The combination of an established CVS tenancy, defined renewal options, and proximity to major medical facilities provides a clear profile for the asset.
Key Highlights
- CVS has operated at the property for more than 40 years
- Current lease term expires at the end of July 2025
- Four 5‑year renewal options, each with a 5.0% rent increase
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,542
Businesses Nearby
4k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Electronics 56%
Shops & Services 44%
BP
Shops & Services
1,853 visits/mo
0.0 miles
Metro by T-Mobile
Electronics
1,222 visits/mo
0.2 miles
Cricket Wireless Authorized Retailer
Electronics
1,126 visits/mo
0.1 miles
Demographics for 01605, MA
29,218
Population
12,757
Households
2.3
Avg Household Size
35
Median Age
32%
College-Educated
87%
High-School Grad
5.7 sq mi
ZIP Area
5,126
Density / Sq Mi
$54,805
Median Household Income
$41,236
Median Earnings
$1,362
Median Rent
$349,800
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 - Corner retail property leased to CVS with renewal options near major medical facilities.
Where is this drug store located?
The property is located at 256 Lincoln St Worcester, MA.
What are key features of this property?
This property features: CVS has operated at the property for more than 40 years; Current lease term expires at the end of July 2025; Four 5‑year renewal options, each with a 5.0% rent increase
