Retail Space Near Interstate
For Lease
$7,200/Mo
601 South Union Street #2, Lawrence, MA 01843
Retail space with high visibility and easy highway access.
Space SizeContact for details
Days on Market456
Property Features for 601 South Union Street #2
General Information
Standard status
Active
Building Details
Year Built
1955
Listing Agency:
Empire Real Estate™
Listed By:
George Silva
Source:
Corcoran
Added: Jun 7, 2025
Changed: Mar 16
Last Checked: Sep 5 at 8:52AM
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 Empire Real Estate™
Investment Insights
Based on property information with market context.
This retail space, totaling 4708 square feet, is located on a major throughway with convenient access to Interstate 495. The location offers ease and convenience for customers. The clear span layout lends itself to a variety of uses. The space features two streetside entrances/exits to facilitate customer flow. There is ample room for signage to attract the high volume of traffic. An additional square footage in the back area can further extend the frontage or be used for stock or merchandise preparation. Parking is available in front of the space, with additional overflow parking to the right of the building.
Key Highlights
- Highly accessible location on a major throughway and near Interstate 495.
- High traffic count and ample signage opportunities for maximum visibility.
- Flexible, clear‑span space suitable for various business concepts.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
680
Businesses Nearby
149k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 33%
Apparel 18%
Marshalls
Apparel
23,227 visits/mo
0.3 miles
Wendy's
Dining
21,391 visits/mo
0.3 miles
Taco Bell
Dining
16,440 visits/mo
0.3 miles
Starbucks
Dining
15,854 visits/mo
0.3 miles
Cumberland Farms
Shops & Services
15,508 visits/mo
0.4 miles
Demographics for 01843, MA
28,346
Population
10,968
Households
2.6
Avg Household Size
34
Median Age
20%
College-Educated
79%
High-School Grad
3.4 sq mi
ZIP Area
8,337
Density / Sq Mi
$72,163
Median Household Income
$38,957
Median Earnings
$1,703
Median Rent
$393,700
Median Home Value
Market
Lease Benchmarks for Lawrence, MA
$21.52 /SF/Yr
Avg Asking Price
$18.35–$25.29 /SF/Yr
Price Range
3,449 SF
Avg Space Size
This space is priced 15% below the average of $21.52 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space with high visibility and easy highway access.
Where is this retail space located?
The property is located at 601 South Union Street #2 Lawrence, MA.
What is the lease rate?
The lease rate is $7,200/Mo.
What are key features of this property?
This property features: Highly accessible location on a major throughway and near Interstate 495.; High traffic count and ample signage opportunities for maximum visibility.; Flexible, clear‑span space suitable for various business concepts.
