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Shopping Center Redevelopment with Retail
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For Lease
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480 Boston Rd, Billerica, MA 01821

Redeveloping center offers retail, restaurant, and drive-through opportunities with fully signalized access.

Space Size1,821 SF
Days on Market4

Property Features for 480 Boston Rd

General Information

Standard status Active
Size 1,821 SF
Net Rentable 1,901 SF
Property subtype RETAIL

Space & Availability

Available Space 1,901-69,560 SF
Contiguous Space 69,560 SF

Site & Location

Anchor Co-Tenants Starbucks, Chase
Traffic Count 25,349 vehicles/day
Road Access Yes

Amenities

signalized access

Building Details

Tenancy Multi

Spaces For Lease

at 480 Boston Rd Contact us

480 Boston Rd

Floor
1
Size
1,821 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Redevelopment of center to include a 4-story, 200 unit residential complex, along...
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Listing Agency: Atlantic Retail - Corporate
Listed By: Brian Roache
Source: Moodyscre
Added: Aug 18 Changed: Aug 21 Last Checked: Aug 21 at 5:58AM

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

Investment Insights

Based on property information with market context.

The redevelopment at 480 Boston Rd includes new retail formats within a shopping center setting, with planned options for a freestanding restaurant with drive-through, in-line retail space, and an endcap restaurant or retail user. Available configurations range from 1,901 SF to 11,645 SF for small shop space, with larger 30,011 SF, 43,725 SF, and 69,560 SF big box spaces also identified.

A new outparcel is under construction near Starbucks and Chase. The property has fully signalized access and exposure to Route 3A, which carries 25,349 ADT. The broader redevelopment also includes a 4-story, 200-unit residential complex under construction, along with additional retail opportunities.

Key Highlights

  • Shopping center redevelopment includes retail, restaurant, and drive‑through formats
  • Small shop spaces from 1,901 SF to 11,645 SF
  • Big box spaces of 30,011 SF, 43,725 SF, and 69,560 SF

Property Analytics

Current Use

Ma's Dry Cleaners (Bike/Boat/Book/etc) Store Threading Forever Hair Salon Billerica Smoke Shop (Bike/Boat/Book/etc) Store Mall News (Bike/Boat/Book/etc) Store Maryam Moghtader Dental Office

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Building Supply Hotel & Motel

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

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

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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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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 - Redeveloping center offers retail, restaurant, and drive-through opportunities with fully signalized access.
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: Shopping center redevelopment includes retail, restaurant, and drive‑through formats; Small shop spaces from 1,901 SF to 11,645 SF; Big box spaces of 30,011 SF, 43,725 SF, and 69,560 SF
(617) 239-3638 Call to check price and availability
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