Fully Leased Retail Grocery
500 Lincoln Street Worcester, MA 01605
500 Lincoln Street, Worcester, MA, 01605
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For Sale
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Three-building retail portfolio anchored by Kohl’s and Aldi, plus AT&T and CareWell Urgent Care, under a ground lease extending to 2077.
Property Size87,222 SF
Lot Size9.89 Acres
Days on Market103
Property Features for 500 Lincoln Street
General Information
- Standard status
- Active
- Size
- 87,222 SF
- Lot size
- 9.89 Acres
- Property subtype
- Retail
Listing agency
Hunneman
(617) 457-3383
Listed by
David Ross · License #MA 131004-RE-B
Source
Crexi
Added: Apr 10 Updated: Jul 21 at 12:47PM Checked: Jul 21 at 12:47PM
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 Hunneman
Investment Insights
Based on property information with market context.
Kohl’s/Aldi Supermarket Plaza is a fully leased three-building retail portfolio totaling approximately 87,222 square feet on 9.89 acres at 500-A Lincoln Street in Worcester, MA. The plaza includes a Kohl’s store (64,485 SF) and an Aldi Supermarket (16,700 SF), each on sub-ground leases and developed as build-to-suits. A 6,035 SF retail center is 100% leased to AT&T and CareWell Urgent Care.
The subject interest is the leasehold, which is governed by a primary ground lease extending until 2077. The portfolio is leased to four credit-quality tenants and is described as stabilized, with cash-flow supported through the remaining term of the primary ground lease.
The subject interest is the leasehold, which is governed by a primary ground lease extending until 2077. The portfolio is leased to four credit-quality tenants and is described as stabilized, with cash-flow supported through the remaining term of the primary ground lease.
Key Highlights
- ±87,222 SF, three‑building fully leased retail portfolio on 9.89 acres at 500‑A Lincoln Street, Worcester, MA 01605
- Primary ground lease extends until 2077, with the portfolio leased to 4 credit quality tenants
- Anchored by Kohl’s (64,485 SF) and Aldi Supermarket (16,700 SF), each on sub‑ground leases built‑to‑suits
Property Analytics
Location Intelligence
Current Use by Public Records
CareWell Urgent Care ...
Medical Clinic
ALDI
Specialty Food Shop
Robert Carcone
Physician
Melissa Foster
Physician
ALDI Grocery Delivery
Take-out & Catering
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FAQs
What type of property is this?
Shopping center - Three-building retail portfolio anchored by Kohl’s and Aldi, plus AT&T and CareWell Urgent Care, under a ground lease extending to 2077.
Where is this shopping center located?
The property is located at 500 Lincoln Street Worcester, MA.
What are key features of this property?
This property features: ±87,222 SF, three‑building fully leased retail portfolio on 9.89 acres at 500‑A Lincoln Street, Worcester, MA 01605; Primary ground lease extends until 2077, with the portfolio leased to 4 credit quality tenants; Anchored by Kohl’s (64,485 SF) and Aldi Supermarket (16,700 SF), each on sub‑ground leases built‑to‑suits