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Absolute NNN Bank Corner Property
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34 Chapman Street, Quincy, MA 02170

Absolute NNN lease expires in under a year, offering a clear path to re-tenant, redevelop, or occupy as an owner-user.

Property Size2,372 SF
Days on Market56

Property Features for 34 Chapman Street

General Information

Standard status Active
Size 2,372 SF
Property subtype Retail
Zoning Business C
Investment Type Value Add

Additional Details

Highway Access Yes

Building Details

Year Built 1965
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Horvath & Tremblay
Listed By: Todd Tremblay · License #MA 9504145
Source: Crexi
Added: Jun 17 Changed: Aug 8 Last Checked: Aug 11 at 6:34PM

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.

34 Chapman Street is a single-tenant bank property on a prominent corner parcel, totaling 2,372 square feet. The building is offered as an Absolute NNN investment with Eastern Bank in place; however, the lease has less than one year of remaining term and Eastern Bank has given notice it will not renew and will vacate at the end of the term. The property is zoned Business C, providing a broad level of flexibility for future use, including potential re-tenanting or redevelopment, or continued use as an owner-user opportunity.

The property sits at the intersection of Chapman Street and Clay Street in Wollaston, Quincy. It is directly across from CVS and positioned near major local commercial and commuter corridors, with quick access to Interstate 93. Public transportation access is also supported by the property’s proximity to Wollaston Station and multiple MBTA bus stops within walking distance.

With the current tenant set to depart at lease expiration, this offering is suited for investors seeking to reposition an Absolute NNN asset, as well as buyers who want zoning flexibility for an owner-occupied business. Its corner placement, visibility, and established neighborhood location can support a range of retail and commercial concepts consistent with the Business C zoning designation.

Key Highlights

  • Eastern Bank absolute NNN lease has less than 1 year of term remaining and will end without renewal
  • Building offers Business C zoning, one of Quincy’s most versatile zoning designations
  • Prominent corner parcel at Chapman Street and Clay Street in Wollaston, Quincy

Property Analytics

Current Use

Eastern Bank Bank

Suggested Use

Top Pick Law Firm Parking Lot & Garage Food Market (Bike/Boat/Book/etc) Store Garden Center Auto Parts Store

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,085
Businesses Nearby
87k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Groceries 38% Shops & Services 15% Hotels & Casinos 2%
99 Ranch Market Groceries
32,860 visits/mo 0.5 miles
Wendy's Dining
24,034 visits/mo 0.5 miles
Dunkin' Donuts Dining
7,242 visits/mo 0.5 miles
Dunkin' Donuts Dining
6,439 visits/mo 0.0 miles
7-Eleven Shops & Services
6,180 visits/mo 0.1 miles

Demographics for 02170, MA

19,950
Population
8,471
Households
2.4
Avg Household Size
39
Median Age
46%
College-Educated
86%
High-School Grad
2.1 sq mi
ZIP Area
9,500
Density / Sq Mi
$101,840
Median Household Income
$54,561
Median Earnings
$1,801
Median Rent
$661,800
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
Rey
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Frequently Asked Questions

What type of property is this?
Bank - Absolute NNN lease expires in under a year, offering a clear path to re-tenant, redevelop, or occupy as an owner-user.
Where is this bank located?
The property is located at 34 Chapman Street Quincy, MA.
What are key features of this property?
This property features: Eastern Bank absolute NNN lease has less than 1 year of term remaining and will end without renewal; Building offers Business C zoning, one of Quincy’s most versatile zoning designations; Prominent corner parcel at Chapman Street and Clay Street in Wollaston, Quincy
More about this property
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