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Grocery-Anchored Shopping Center

301 Massachusetts Avenue, Lunenburg, MA 01462

For Lease
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Walmart and Hannaford serve as the center’s two named retail anchors.

Space Size1,500 SF - 25,515 SF
Days on Market12

Property Features for 301 Massachusetts Avenue

General Information

Standard status Active
Size 1,500 SF - 25,515 SF
Property subtype Retail

Spaces For Lease

at 301 Massachusetts Avenue Contact us

#02 Active

Size 2,500 SF
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#03 Active

Size 2,000 SF
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#06 Active

Size 1,500 SF
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#07 Active

Size 4,515 SF
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OPO 1 Active

Size 25,515 SF
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Listing Agency: Brixmor Property Group
Listed By: Gavin Gray · License MA #1847761
Source: Crexi
Added: Nov 3 Changed: Nov 12 Last Checked: Nov 12 at 6:42AM

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 Brixmor Property Group

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Investment Insights

Based on property information with market context.

This shopping center in Lunenburg is anchored by Walmart and Hannaford. The property is located at 301 Massachusetts Avenue, with Rte 2A nearby generating an estimated 14,000 vehicles per day, according to 2022 Kalibrate data.

The center recorded an estimated 2.6 million annual visits in 2024, based on Placer.ai data. More than 45,800 people are part of the daytime population within 3 miles. Fitchburg State University, with enrollment exceeding 6,700 students in 2023, is within 2 miles of the property.

Key Highlights

  • Anchored by Walmart and Hannaford
  • Estimated 2.6M annual visits, based on Placer.ai 2024 data
  • Daytime population of 45,800+ within 3 miles

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Gerald F. Hageman, ... Physician Walmart Baby & Nursery ... Social Service Agency Walmart Pet Services Kennel & Boarding Facility iFixandRepair - Lunenburg Walmart Computer & Electronic Repair Western Union Bank

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Parts Store Law Firm Big Box & Wholesale Store HVAC Service

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

Location Intelligence

Trade Area within ½ mile

193
Businesses Nearby
120k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 61% Groceries 26% Shops & Services 10% Electronics 3%
Walmart Superstores
72,598 visits/mo 0.0 miles
Hannaford Groceries
30,645 visits/mo 0.2 miles
Pet Supplies Plus Shops & Services
6,380 visits/mo 0.1 miles
Mobil Shops & Services
5,712 visits/mo 0.5 miles
GameStop Electronics
3,271 visits/mo 0.1 miles

Demographics for 01462, MA

11,818
Population
4,711
Households
2.5
Avg Household Size
44
Median Age
45%
College-Educated
94%
High-School Grad
26.6 sq mi
ZIP Area
444
Density / Sq Mi
$109,884
Median Household Income
$58,844
Median Earnings
$1,784
Median Rent
$442,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Shopping centers in Worcester County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Crossroads Plaza — Lunenburg, MA 01462
  • Lunenburg Crossing — 301 Massachusetts Ave #2A, Lunenburg, MA 01462

Frequently Asked Questions

What type of property is this?
Shopping center - Walmart and Hannaford serve as the center’s two named retail anchors.
Where is this shopping center located?
The property is located at 301 Massachusetts Avenue Lunenburg, MA.
What are key features of this property?
This property features: Anchored by Walmart and Hannaford; Estimated 2.6M annual visits, based on Placer.ai 2024 data; Daytime population of 45,800+ within 3 miles
(858) 202-1113 · Office Call to check price and availability
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