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Shopping Center with National Retailers
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489 Main St, Leominster, MA 01453

Shopping center with a strong lineup of national retailers including T.J. Maxx, Petco, Michaels, and Barnes & Noble.

Property Size2,963 SF
Days on Market1268

Property Features for 489 Main St

General Information

Standard status Active
Size 2,963 SF
Property subtype RETAIL

Additional Details

Highway Access Yes
Listing Agency: Brixmor Property Group | Boston
Listed By: Samuel "Sam" Kallmerten
Source: Moodyscre
Added: Feb 8, 2023 Changed: Jul 30 Last Checked: Jul 30 at 12:02AM

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 Brixmor Property Group | Boston

Investment Insights

Based on property information with market context.

This shopping center at 489 Main St, Leominster, MA 01453 totals 2,963 SF and features a strong lineup of national retailers. Tenant brands listed include T.J. Maxx, Petco, Michaels, Ocean State Job Lot, The Paper Store, and Barnes & Noble Booksellers.

The center is described as a regional shopping destination serving North Central Massachusetts, located just off Rte 2. Estimated traffic in the remarks is approximately 7,500 visits per day and 2.7M+ visits per year.

The property also benefits from its surrounding market demographics, with an affluent population described as present within 5 miles.

Key Highlights

  • National tenant lineup includes T.J. Maxx, Petco, Michaels, Ocean State Job Lot, The Paper Store, and Barnes & Noble Booksellers
  • Estimated traffic of 7,500 visits/day and 2.7M+ visits/year
  • Just off Rte 2 in Leominster

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Storage Facility Big Box & Wholesale Store Garden 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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,248
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01453, MA

43,752
Population
18,895
Households
2.3
Avg Household Size
41
Median Age
32%
College-Educated
90%
High-School Grad
26.4 sq mi
ZIP Area
1,657
Density / Sq Mi
$82,098
Median Household Income
$52,247
Median Earnings
$1,282
Median Rent
$345,900
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
Rey
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Similar Off Market Nearby

  • The Mall at Whitney Field — 100 Commercial Rd, Leominster, MA 01453
  • Whitney Field — Leominster, MA 01453
  • WaterTower Plaza — 489-493 N Main St, Leominster, MA 01453
  • Botas — 100 Commercial Rd, Leominster, MA 01453

Frequently Asked Questions

What type of property is this?
Shopping center - Shopping center with a strong lineup of national retailers including T.J. Maxx, Petco, Michaels, and Barnes & Noble.
Where is this shopping center located?
The property is located at 489 Main St Leominster, MA.
What are key features of this property?
This property features: National tenant lineup includes T.J. Maxx, Petco, Michaels, Ocean State Job Lot, The Paper Store, and Barnes & Noble Booksellers; Estimated traffic of 7,500 visits/day and 2.7M+ visits/year; Just off Rte 2 in Leominster
(781) 313-2006 Call to check price and availability
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