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Established Retail Center For Lease
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554 Turnpike Street, North Andover, MA 01845

Retail and service spaces available in established shopping center.

Space SizeContact for details
Days on Market190

Property Features for 554 Turnpike Street

General Information

Standard status Active
Property subtype COMMERCIAL

Building Details

Year Built 1995
Listing Agency: Powers & Company
Listed By: Mary Powers
Source: Donnellyandco
Added: Feb 24 Changed: Aug 31 Last Checked: Aug 31 at 12:31AM

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 Powers & Company

Investment Insights

Based on property information with market context.

The Crossroad Shopping Center is an established retail and services center. Current tenants include Starbucks, Friendly Toast, Parelli Optical, and Tripoli Pizza, along with other local and national businesses. The location benefits from high traffic volume, with an average of 33,554 cars passing by the center daily.

Key Highlights

  • High traffic location: 33,554 cars pass by daily.
  • Established retail and services center.
  • Includes national tenants such as Starbucks.

Property Analytics

Current Use

Eva's Farm Take-out & Catering Orangetheory Fitness Gym & Fitness Center

Suggested Use

Top Pick Hair Salon Restaurant Building Supply Auto Repair Shop Nail Salon (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,043
Businesses Nearby
42k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 60% Dining 40%
Dollar Tree Shops & Services
21,744 visits/mo 0.1 miles
Dunkin' Donuts Dining
10,120 visits/mo 0.5 miles
Starbucks Dining
6,343 visits/mo 0.1 miles
The UPS Store Shops & Services
3,439 visits/mo 0.5 miles

Demographics for 01845, MA

31,855
Population
12,010
Households
2.7
Avg Household Size
39
Median Age
61%
College-Educated
97%
High-School Grad
26.4 sq mi
ZIP Area
1,207
Density / Sq Mi
$134,319
Median Household Income
$64,592
Median Earnings
$2,113
Median Rent
$670,000
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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Frequently Asked Questions

What type of property is this?
Shopping center - Retail and service spaces available in established shopping center.
Where is this shopping center located?
The property is located at 554 Turnpike Street North Andover, MA.
What are key features of this property?
This property features: High traffic location: 33,554 cars pass by daily.; Established retail and services center.; Includes national tenants such as Starbucks.
More about this property
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