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Multi-Tenant Shopping Center
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345 Main Street, Tewksbury, MA 01876

Three-building retail complex with national, regional, and local occupants under NNN leases.

Property Size28,000 SF
Days on Market143

Property Features for 345 Main Street

General Information

Standard status Active
Size 28,000 SF
Property subtype Retail
Occupancy 100%

Site & Location

Anchor Co-Tenants Walmart Supercenter
Highway Access Yes

Building Details

Year Built 2006
Buildings 3
Tenancy Multi
Listing Agency: LandVest
Listed By: Dave Killen · License #MA 9581060
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 4:55AM

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 LandVest

Investment Insights

Based on property information with market context.

The Shops at Wamesit Place is a three-building, multi-tenant shopping center totaling approximately 28,000 square feet. Constructed in 2006, the property is fully leased to a tenant roster that includes Verizon, T-Mobile, Sprint, Carewell Urgent Care, AAA, and RTN Federal Credit Union. The leases are structured on an NNN basis.

The center is positioned at the signalized intersection serving Walmart Supercenter and Main Street, near Exit 38 of Interstate 495. The property is adjacent to Home Depot, with Hannaford’s, Market Basket, and McDonald’s also located in the surrounding area. Its shadow-anchor relationship with Walmart adds an established retail draw to the site.

Key Highlights

  • Three‑building shopping center with +/-28,000 square feet
  • Constructed in 2006 and fully leased
  • Tenant mix includes Verizon, T‑Mobile, Sprint, Carewell Urgent Care, AAA, and RTN Federal Credit Union

Property Analytics

Current Use

Miracle-Ear Hearing Aid ... Hearing Aid Store Karleny Foley Physician Mr. Howard Breen Physician Domino's Pizza Restaurant Amazon Counter – AAA ... Courier Service

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Parking Lot & Garage 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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby
146k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 81% Dining 14% Electronics 3% Beauty & Spa 2%
Walmart Superstores
118,598 visits/mo 0.2 miles
Dunkin' Donuts Dining
11,796 visits/mo 0.4 miles
Ninety Nine Restaurants Dining
8,117 visits/mo 0.4 miles
T-Mobile Electronics
3,602 visits/mo 0.0 miles
Supercuts Beauty & Spa
2,712 visits/mo 0.0 miles

Demographics for 01876, MA

31,105
Population
12,212
Households
2.5
Avg Household Size
46
Median Age
41%
College-Educated
93%
High-School Grad
20.8 sq mi
ZIP Area
1,495
Density / Sq Mi
$126,795
Median Household Income
$65,008
Median Earnings
$2,248
Median Rent
$546,600
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?
Shopping center - Three-building retail complex with national, regional, and local occupants under NNN leases.
Where is this shopping center located?
The property is located at 345 Main Street Tewksbury, MA.
What are key features of this property?
This property features: Three‑building shopping center with +/-28,000 square feet; Constructed in 2006 and fully leased; Tenant mix includes Verizon, T‑Mobile, Sprint, Carewell Urgent Care, AAA, and RTN Federal Credit Union
(617) 492-9900 Call to check price and availability
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