Shopping Center Redevelopment with
For Lease
Contact for pricing
480 Boston Rd, Billerica, MA 01821
Fully signalized access for new retail opportunities, including a freestanding restaurant with drive-thru, as part of a residential redevelopment.
Space Size69,560 SF
Days on Market607
Property Features for 480 Boston Rd
General Information
Standard status
Active
Size
69,560 SF
Net Rentable
1,901 SF
Property subtype
RETAIL
Space & Availability
Available Space
1,901-69,560 SF
Contiguous Space
69,560 SF
Space Use
Restaurant
Site & Location
Anchor Co-Tenants
Starbucks, Chase
Traffic Count
25,349 vehicles/day
Road Access
Yes
Amenities
fully signalized access
Building Details
Tenancy
Multi
Spaces For Lease
at 480 Boston Rd Contact us- Floor
- 1
- Size
- 69,560 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
480 Boston Rd
- Redevelopment of center to include a 4-story, 200 unit residential complex, along...
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Contact us
Listing Agency:
RD Management LLC
(212) 265-6600
Listed By:
Andrea Kyriacou
Source:
Moodyscre
Added: Dec 13, 2024
Changed: Aug 8
Last Checked: Aug 11 at 2:27PM
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 shopping center is being redeveloped to include a new 4-story, 200-unit residential complex, along with new retail opportunities. The redevelopment plan includes a freestanding restaurant with drive-thru, in-line space, and an endcap restaurant or retail space, with additional retail and leasing options planned as construction progresses.
New outparcel construction is underway with the opportunity to join Starbucks and Chase. Leasing options in the center include multiple big box spaces available at 30,011 SF, 43,725 SF, and 69,560 SF, plus small shop space ranging from 1,901 SF to 11,645 SF.
The site is accessed via fully signalized access and is positioned on Route 3A with reported 25,349 ADT. Construction of the 200-unit residential development is currently underway.
New outparcel construction is underway with the opportunity to join Starbucks and Chase. Leasing options in the center include multiple big box spaces available at 30,011 SF, 43,725 SF, and 69,560 SF, plus small shop space ranging from 1,901 SF to 11,645 SF.
The site is accessed via fully signalized access and is positioned on Route 3A with reported 25,349 ADT. Construction of the 200-unit residential development is currently underway.
Key Highlights
- New 4‑story, 200‑unit residential development under construction
- Freestanding restaurant with drive‑thru, plus in‑line and endcap restaurant or retail space
- New outparcel under construction to join Starbucks and Chase
Property Analytics
Property Profile
Current Use
Lease Details
25,349 VPD
Traffic count
Multi-tenant
Tenancy
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 - Fully signalized access for new retail opportunities, including a freestanding restaurant with drive-thru, as part of a residential redevelopment.
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 4‑story, 200‑unit residential development under construction; Freestanding restaurant with drive‑thru, plus in‑line and endcap restaurant or retail space; New outparcel under construction to join Starbucks and Chase
