Drive-Through Restaurant Retail
For Lease
Contact for pricing
480 Boston Rd, Billerica, MA 01821
Center redevelopment includes a freestanding drive-thru restaurant concept and new in-line and endcap retail spaces.
Property Size3,815 SF
Days on Market594
Property Features for 480 Boston Rd
General Information
Standard status
Active
Size
3,815 SF
Property subtype
RETAIL
Site & Location
Traffic Count
25,349 vehicles/day
Road Access
Yes
Additional Details
Multifamily Units
200
Listing Agency:
RD Management LLC
(212) 265-6600
Listed By:
Andrea Kyriacou
Source:
Moodyscre
Added: Dec 13, 2024
Changed: Jul 26
Last Checked: Jul 29 at 3:14PM
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 RD Management LLC
Investment Insights
Based on property information with market context.
This retail center is undergoing redevelopment to add new retail opportunities alongside a new 4-story, 200-unit residential complex currently under construction. Plans include a freestanding restaurant with drive-thru, as well as in-line space and endcap restaurant or retail space.
An additional outparcel is under construction to join Starbucks and Chase. The site has fully signalized access and reports approximately 25,349 ADT on Route 3A, supporting a variety of tenant footprints, including multiple big box options and smaller shop spaces.
Available retail configurations range from small shop sizes through larger boxes, providing flexibility for operators seeking storefront, endcap, or drive-thru visibility as the redevelopment progresses.
An additional outparcel is under construction to join Starbucks and Chase. The site has fully signalized access and reports approximately 25,349 ADT on Route 3A, supporting a variety of tenant footprints, including multiple big box options and smaller shop spaces.
Available retail configurations range from small shop sizes through larger boxes, providing flexibility for operators seeking storefront, endcap, or drive-thru visibility as the redevelopment progresses.
Key Highlights
- New 200‑unit residential development is under construction as part of the center redevelopment
- New retail opportunities include a freestanding restaurant with drive‑thru plus in‑line and endcap restaurant/retail space
- New outparcel under construction—join Starbucks & Chase
Property Analytics
Current Use
Lease Details
200
Residential units
25,349 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
79k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 44%
Dining 30%
Superstores 18%
Apparel 6%
Dollar Tree
Shops & Services
16,967 visits/mo
0.0 miles
Dunkin' Donuts
Dining
15,009 visits/mo
0.2 miles
Big Lots
Superstores
14,327 visits/mo
0.1 miles
KFC
Dining
6,946 visits/mo
0.3 miles
Bank of America
Shops & Services
6,507 visits/mo
0.3 miles
Demographics for 01821, MA
30,909
Population
11,666
Households
2.6
Avg Household Size
43
Median Age
42%
College-Educated
95%
High-School Grad
16.6 sq mi
ZIP Area
1,862
Density / Sq Mi
$142,564
Median Household Income
$65,056
Median Earnings
$2,211
Median Rent
$581,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Shops at Billerica — 480 Boston Rd, Billerica, MA 01821
Frequently Asked Questions
What type of property is this?
Shopping center - Center redevelopment includes a freestanding drive-thru restaurant concept and new in-line and endcap retail spaces.
Where is this shopping center located?
The property is located at 480 Boston Rd Billerica, MA.
What are key features of this property?
This property features: New 200‑unit residential development is under construction as part of the center redevelopment; New retail opportunities include a freestanding restaurant with drive‑thru plus in‑line and endcap restaurant/retail space; New outparcel under construction—join Starbucks & Chase