Corner Restaurant
For Lease
$3,900/Mo NNN
4 Wheeler Street, Lynn, MA 01901
Restaurant-ready commercial space with dedicated parking, two restrooms, walk-in freezer, and central air conditioning.
Space Size1,500 SF
Days on Market8
Property Features for 4 Wheeler Street
General Information
Standard status
Active
Size
1,500 SF
Net Rentable
1,500 SF
Total Parking Spaces
11
Lease Type
NNN
Space & Availability
Available Space
1,500 SF
Contiguous Space
1,500 SF
Sublease
No
Lease Terms
Lease Rate
$3,900 /USD/MO
Monthly Rent
$3,900
Rent per SF/Year
$31.20
Lease Term
60 months
Restaurant
Seating Capacity
18
Equipment Included
No
Amenities
restrooms
walk-in freezer
central air conditioning
gas heat
new roof
Building Details
Year Built
1976
Listing Agency:
Core Real Estate
Listed By:
Teresa Troisi
(617) 750-6378
Source:
Benoitrealestate
Added: Sep 1
Changed: Sep 7
Last Checked: Sep 7 at 2:46PM
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 Core Real Estate
Investment Insights
Based on property information with market context.
This approximately 1,500-square-foot corner restaurant space at 4 Wheeler Street offers a functional layout for dining, takeout, café, or related commercial use. The premises include two customer/staff restrooms, a walk-in freezer, central air conditioning, gas heat, and a new roof. The dining area currently accommodates approximately 18 guests, with potential for additional seating. Restaurant equipment is not included.
The property is adjacent to Lynn Charter School, the YMCA, and a neighborhood strip mall, with access from a busy commercial corridor. Eleven dedicated parking spaces serve the space. The premises are available September 1 and are offered on a Triple Net lease structure, with a five-year lease preferred.
The property is adjacent to Lynn Charter School, the YMCA, and a neighborhood strip mall, with access from a busy commercial corridor. Eleven dedicated parking spaces serve the space. The premises are available September 1 and are offered on a Triple Net lease structure, with a five-year lease preferred.
Key Highlights
- Approximately 1,500 sq. ft. restaurant space
- Corner location next to Lynn Charter School, the YMCA, and a neighborhood strip mall
- Dining area seats approximately 18 guests
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,536
Businesses Nearby
127k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 30%
Groceries 15%
Electronics 7%
Price Rite
Groceries
19,089 visits/mo
0.3 miles
Dunkin' Donuts
Dining
15,946 visits/mo
0.3 miles
Bank of America
Shops & Services
13,800 visits/mo
0.1 miles
Wendy's
Dining
13,725 visits/mo
0.3 miles
Speedway
Shops & Services
11,343 visits/mo
0.2 miles
Demographics for 01901, MA
2,794
Population
1,289
Households
2.2
Avg Household Size
44
Median Age
39%
College-Educated
90%
High-School Grad
0.3 sq mi
ZIP Area
9,313
Density / Sq Mi
$27,561
Median Household Income
$36,219
Median Earnings
$1,193
Median Rent
$343,200
Median Home Value
Market
Lease Benchmarks for Lynn, MA
$31.86 /SF/Yr
Avg Asking Price
$5.67–$45.28 /SF/Yr
Price Range
1,291 SF
Avg Space Size
This space is priced 2% below the average of $31.86 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant-ready commercial space with dedicated parking, two restrooms, walk-in freezer, and central air conditioning.
Where is this conventional restaurant located?
The property is located at 4 Wheeler Street Lynn, MA.
What is the lease rate?
The lease rate is $3,900/Mo.
What are key features of this property?
This property features: Approximately 1,500 sq. ft. restaurant space; Corner location next to Lynn Charter School, the YMCA, and a neighborhood strip mall; Dining area seats approximately 18 guests
