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Grocery-Anchored Shopping Center
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350 Grossman Dr, Braintree, MA 02184

Power center component with national retail tenants and direct proximity to Route 3 in Braintree.

Property SizeContact for details
Days on Market144

Property Features for 350 Grossman Dr

General Information

Standard status Active
Property subtype Retail
Listing Agency: Atlantic Capital Partners
Listed By: Chris Peterson · License #9533428
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 7:49PM

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 Capital Partners

Investment Insights

Based on property information with market context.

Braintree Marketplace is a grocery-anchored shopping center at 350 Grossman Dr in Braintree, Massachusetts. The property is part of the condominium association governing the surrounding power center and is leased to Nordstrom Rack, Ulta, and a national grocery operator. The center serves as the principal component of that association.

The 9 AC site is positioned just off Route 3, a major regional highway carrying 106,018 vehicles per day. Its trade area includes more than 240,000 people within a 5-mile radius, with access to communities south of downtown Boston and the broader Metro Boston retail market. The offering is presented free and clear of existing debt and reflects an 8.00% cap rate.

Key Highlights

  • Grocery‑anchored shopping center at 350 Grossman Dr, Braintree, MA
  • 9 AC site positioned just off Route 3
  • Route 3 traffic volume of 106,018 vehicles per day

Property Analytics

Current Use

ATM Atm Kmart Home Decor Store

Suggested Use

Top Pick Restaurant Building Supply Auto Parts Store Big Box & Wholesale Store Hotel & Motel Auto Repair Shop

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

916
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
Dunkin' Donuts Dining
8,961 visits/mo 0.5 miles

Demographics for 02184, MA

39,143
Population
15,032
Households
2.6
Avg Household Size
42
Median Age
47%
College-Educated
93%
High-School Grad
13.8 sq mi
ZIP Area
2,836
Density / Sq Mi
$125,305
Median Household Income
$65,542
Median Earnings
$1,925
Median Rent
$623,200
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

  • Coin Cloud Bitcoin ATM 831 Washington St, Braintree, MA 02184
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  • Marketplace at Braintree 250 Grossman Dr, Braintree, MA 02184

Frequently Asked Questions

What type of property is this?
Shopping center - Power center component with national retail tenants and direct proximity to Route 3 in Braintree.
Where is this shopping center located?
The property is located at 350 Grossman Dr Braintree, MA.
What are key features of this property?
This property features: Grocery‑anchored shopping center at 350 Grossman Dr, Braintree, MA; 9 AC site positioned just off Route 3; Route 3 traffic volume of 106,018 vehicles per day
More about this property
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