500 Grafton St Worcester, MA 01604

Listing agency Atlantic Retail Boston

Listed by Danny Griffin · License #9571654

Source Crexi

Added: Apr 12 Updated: Jul 20 at 6:40PM Checked: Jul 21 at 5:16AM

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Investment Insights

Based on property information with market context.

The offering consists of a 1.79-acre site with three freestanding, single-tenant retail buildings totaling 16,452 SF. The properties are currently occupied by CVS, TD Bank, and Wholly Cannoli, with all three tenants maintaining long operating histories at the location.

The site is positioned along Grafton Street, described as a highly traveled corridor within a densely populated submarket in Worcester. CVS has operated at the property for approximately 40 years, and the bank has been operating since 1998 with a lease amendment extending through 2028 and one 5-year option to extend. TD Bank’s branch includes a drive-thru.

Wholly Cannoli has been operating at the site since 2011.

Key Highlights

• 1.79‑acre site with three freestanding, single‑tenant buildings totaling 16,452 SF
• Currently occupied by CVS, TD Bank, and Wholly Cannoli with long operating histories at the property
• CVS lease: base rent $205,000 plus 2% percentage rent of gross sales over the break point; base rent increases to $220,000 in Feb. 2027

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• CVS Pharmacy — 500 Grafton St, Worcester, MA 01604
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FAQs

What type of property is this?

Drug store - Three freestanding single-tenant buildings total 16,452 SF and are occupied by CVS, TD Bank, and Wholly Cannoli.

Where is this drug store located?

The property is located at 500 Grafton St Worcester, MA.

What are key features of this property?

This property features: 1.79‑acre site with three freestanding, single‑tenant buildings totaling 16,452 SF; Currently occupied by CVS, TD Bank, and Wholly Cannoli with long operating histories at the property; CVS lease: base rent $205,000 plus 2% percentage rent of gross sales over the break point; base rent increases to $220,000 in Feb. 2027