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Leased Convenience Shopping Center
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Pending

315 Middlesex Rd, Tyngsborough, MA 01879

Three condominium retail units are fully leased to established service-oriented tenants, including a spa, childcare center, and restaurant anchor.

Property Size18,678 SF
Days on Market483

Property Features for 315 Middlesex Rd

General Information

Standard status Pending
Size 18,678 SF
Class B
Property subtype Retail
Occupancy 100%
Lease Type Gross
Investment Type Value Add

Financials

Asking Price $2,960,000
Cap Rate 7%

Additional Details

Anchor Co-Tenants Maximillian's

Building Details

Year Built 2000
Buildings 1
Stories 1
Units 3
Tenancy Multi
Listing Agency: Atlantic Retail Boston
Listed By: Matt Ericson · License #9571461
Source: Crexi
Added: May 5, 2025 Changed: Aug 29 Last Checked: Aug 29 at 9:08PM

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 Atlantic Retail Boston

Investment Insights

Based on property information with market context.

Applewood Plaza is a 18,678-square-foot shopping center completed in 2000 and configured as three individually owned condominium units. The property is fully leased to Serenity Day Spa, Amazing Minds Child Care Center, and Maximillian’s, with each occupant operating from its own condominium space. The tenant mix combines personal services, childcare, and restaurant use within a convenience-oriented retail setting.

The center fronts Middlesex Road, just south of Daniel Webster Highway and near downtown Tyngsborough and Nashua, New Hampshire. Its location serves an embedded population of more than 24,900 people within a 3-mile radius. Average weighted tenant tenure exceeds 20 years, providing an established occupancy profile for a buyer seeking a stabilized shopping center asset.

Key Highlights

  • 18,678‑square‑foot shopping center completed in 2000
  • Three individual condominium retail units
  • 100% leased to three retail tenants

Property Analytics

Current Use

Serenity Spa & Salon Hair Salon Amazing Minds Child ... High School Anytime Fitness Gym & Fitness Center Maxamillians Billiards Arcade & Gaming Center Boston Pizza Co Restaurant

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Storage Facility Big Box & Wholesale Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

191
Businesses Nearby
Well-served
Demand for This Use

Demographics for 01879, MA

12,368
Population
4,374
Households
2.8
Avg Household Size
43
Median Age
50%
College-Educated
96%
High-School Grad
16.8 sq mi
ZIP Area
736
Density / Sq Mi
$144,167
Median Household Income
$65,722
Median Earnings
$1,863
Median Rent
$533,300
Median Home Value

Market

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
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Similar Off Market Nearby

  • Applewood Plaza 315 Middlesex Rd, Tyngsborough, MA 01879

Frequently Asked Questions

What type of property is this?
Shopping center - Three condominium retail units are fully leased to established service-oriented tenants, including a spa, childcare center, and restaurant anchor.
Where is this shopping center located?
The property is located at 315 Middlesex Rd Tyngsborough, MA.
What are key features of this property?
This property features: 18,678‑square‑foot shopping center completed in 2000; Three individual condominium retail units; 100% leased to three retail tenants
More about this property
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