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Retail Space Near MarketStreet

425 Walnut St, Lynnfield, MA

For Lease
Contact for pricing

Retail space abutting MarketStreet with high traffic count.

Space Size58,783 SF
Lot Size5.61 Acres
Days on Market1392

Property Features for 425 Walnut St

General Information

Standard status Active
Size 58,783 SF
Lot size 5.61 Acres
Property subtype RETAIL

Spaces For Lease

at 425 Walnut St
425 Walnut Street AVAILABLE, Now
Floor Bldg
Size 58,783 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Potential adaptive reuse of existing structure - Immediately abutting MarketStreet, a 653,000 SF mixed use lifestyle center consisting of over 90 retailers, Whole Foods, - Apple, and 9 restaurants - Active office node that includes Arbella Insurance, Veracross, and 28,000 employees within 3 miles - Adjacent to Sheraton, King Rail Golf Course, and Lynnfield Commons, 181-unit residential apartment complex - Yankee Division Highway has an ADT count of 60K+
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Listing Agency: Atlantic Retail - Corporate
Listed By: Andrew Jacob
Source: Moodyscre
Added: Jan 18, 2023 Changed: Nov 3 Last Checked: Nov 8 at 8:39AM

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 - Corporate

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Investment Insights

Based on property information with market context.

This 58,783 square foot retail space is located adjacent to the Sheraton, King Rail Golf Course, and Lynnfield Commons, an 181-unit residential apartment complex. It is immediately abutting MarketStreet, a 653,000 square foot mixed-use lifestyle center consisting of over 90 retailers, Whole Foods, Apple, and 9 restaurants. The property is situated within an active office node that includes Arbella Insurance and Veracross, with 28,000 employees within a 3-mile radius. Yankee Division Highway, near the property, has an average daily traffic count of 60,000. There is potential for adaptive reuse of the existing structure.

Key Highlights

  • Immediately abuts MarketStreet, a 653,000 SF mixed‑use lifestyle center with over 90 retailers, Whole Foods, Apple, and 9 restaurants.
  • Potential for adaptive reuse of the existing structure.
  • Located in an active office node with Arbella Insurance, Veracross, and 28,000 employees within 3 miles.

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Building Supply Storage Facility 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

806
Businesses Nearby
408k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 26% Apparel 25% Shops & Services 22% Groceries 16%
Whole Foods Market Groceries
62,650 visits/mo 0.2 miles
Yard House Dining
32,036 visits/mo 0.1 miles
Circle K Shops & Services
24,669 visits/mo 0.5 miles
Wahlburgers Dining
20,820 visits/mo 0.1 miles
Sephora Beauty & Spa
18,481 visits/mo 0.1 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF/Yr for Retail space in Essex County, MA

$26.21 Jul
$25.38 Aug
$25.04 Sep
$25.2 Oct

Properties on Market for Retail space in Essex County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - Retail space abutting MarketStreet with high traffic count.
Where is this retail space located?
The property is located at 425 Walnut St Lynnfield, MA.
What are key features of this property?
This property features: Immediately abuts MarketStreet, a 653,000 SF mixed‑use lifestyle center with over 90 retailers, Whole Foods, Apple, and 9 restaurants.; Potential for adaptive reuse of the existing structure.; Located in an active office node with Arbella Insurance, Veracross, and 28,000 employees within 3 miles.
(617) 369-5919 · Office Call to check price and availability
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