Walgreens-Anchored Shopping
For Sale
Contact for pricing
3 Liberty Ln, Norfolk, MA 02056
Two-building retail development includes a pharmacy and additional leased commercial space.
Property Size17,200 SF
Days on Market143
Property Features for 3 Liberty Ln
General Information
Standard status
Active
Size
17,200 SF
Property subtype
Retail
Additional Details
Anchor Co-Tenants
Walgreens
Building Details
Buildings
2
Tenancy
Multi
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 2:06AM
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.
Norfolk Town Commons is a fee-simple retail property consisting of two buildings. The larger structure contains 14,409 SF occupied by Walgreens, while a separate 2,791 SF building is leased to Sunshine Tomato Pizzeria and Physical Therapy & Sports Rehab, Inc. Walgreens has more than 12 years of committed base term remaining.
The property sits at the geographic center of Norfolk, Massachusetts, next to the recently built Town Hall and Library. An adjacent MBTA commuter rail station provides service to Boston. The surrounding trade area is characterized by strong household income and limited existing retail space, while the nearest chain pharmacy is more than three miles away.
The property sits at the geographic center of Norfolk, Massachusetts, next to the recently built Town Hall and Library. An adjacent MBTA commuter rail station provides service to Boston. The surrounding trade area is characterized by strong household income and limited existing retail space, while the nearest chain pharmacy is more than three miles away.
Key Highlights
- 14,409 SF Walgreens building
- Separate 2,791 SF building leased to Sunshine Tomato Pizzeria and Physical Therapy & Sports Rehab, Inc.
- Walgreens has 12+ years of committed base term remaining
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
6k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Mobil
Shops & Services
5,811 visits/mo
0.3 miles
Demographics for 02056, MA
11,662
Population
3,464
Households
3.4
Avg Household Size
43
Median Age
59%
College-Educated
94%
High-School Grad
14.9 sq mi
ZIP Area
783
Density / Sq Mi
$197,379
Median Household Income
$88,540
Median Earnings
$1,791
Median Rent
$694,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Two-building retail development includes a pharmacy and additional leased commercial space.
Where is this shopping center located?
The property is located at 3 Liberty Ln Norfolk, MA.
What are key features of this property?
This property features: 14,409 SF Walgreens building; Separate 2,791 SF building leased to Sunshine Tomato Pizzeria and Physical Therapy & Sports Rehab, Inc.; Walgreens has 12+ years of committed base term remaining
