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Grocery Anchored Shopping Center Space
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446-462 Mount Pleasant Street, New Bedford, MA 02746

Retail space in grocery-anchored shopping center with high traffic.

Space SizeContact for details
Days on Market172

Property Features for 446-462 Mount Pleasant Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Boston
Listed By: Roberto Cordero · License #RES.0777085
Source: Cbre
Added: Mar 5 Changed: Aug 9 Last Checked: Aug 23 at 10:36AM

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 CBRE - Boston

Investment Insights

Based on property information with market context.

This retail space is located in a grocery-anchored shopping center that is easily accessible from Route 140, which sees a daily traffic volume of 53,981 cars. The shopping center is conveniently located near the dense neighborhoods of New Bedford. Current co-tenants include Vicentes Supermarket, Dollar Tree, and Subway.

Key Highlights

  • Grocery‑anchored shopping center.
  • Convenient to the dense neighborhoods of New Bedford.
  • Easy access from Route 140 (53,981 cars per day).

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Building Supply Spa & Massage Center

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

505
Businesses Nearby
132k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 54% Dining 24% Groceries 18% Home Improvements & Furnishings 2%
Cumberland Farms Shops & Services
24,602 visits/mo 0.4 miles
Price Rite Groceries
24,190 visits/mo 0.3 miles
McDonald's Dining
21,193 visits/mo 0.3 miles
Dollar Tree Shops & Services
20,355 visits/mo 0.1 miles
Dunkin' Donuts Dining
9,057 visits/mo 0.1 miles

Demographics for 02746, MA

17,355
Population
7,640
Households
2.3
Avg Household Size
33
Median Age
10%
College-Educated
67%
High-School Grad
2.8 sq mi
ZIP Area
6,198
Density / Sq Mi
$41,023
Median Household Income
$33,472
Median Earnings
$1,100
Median Rent
$324,400
Median Home Value

Market

Lease Benchmarks for New Bedford, MA

$13.5 /SF/Yr
Avg Asking Price
$12–$18 /SF/Yr
Price Range
8,759 SF
Avg Space Size

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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Frequently Asked Questions

What type of property is this?
Shopping center - Retail space in grocery-anchored shopping center with high traffic.
Where is this shopping center located?
The property is located at 446-462 Mount Pleasant Street New Bedford, MA.
What are key features of this property?
This property features: Grocery‑anchored shopping center.; Convenient to the dense neighborhoods of New Bedford.; Easy access from Route 140 (53,981 cars per day).
More about this property
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