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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.

Space Size2,963 SF
Days on Market1314

Property Features for 489 Main St

General Information

Standard status Active
Size 2,963 SF
Property subtype RETAIL

Additional Details

Highway Access Yes

Spaces For Lease

at 489 Main St Contact us

489 Main St

Floor
1
Size
2,963 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Strong lineup of national retailers including T.J. Maxx, Petco, Michaels, Ocean...
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Listing Agency: Brixmor Property Group | Boston
Listed By: Samuel "Sam" Kallmerten
Source: Moodyscre
Added: Feb 8, 2023 Changed: Sep 5 Last Checked: Sep 14 at 10:26AM

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

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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

559
Businesses Nearby
Well-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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

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  • The Mall at Whitney Field 100 Commercial Rd, Leominster, MA 01453
  • WaterTower Plaza 489-493 N Main St, 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
More about this property
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