Retail Suite in Multi-Tenant
66 John Fitch Hwy #7, Fitchburg, MA 01420
For Sale
Contact for pricing
A configurable commercial space within a seven-tenant retail center near the Summer Street and John Fitch Highway intersection.
Property Size26,700 SF
Price / SF$0.00
Days on Market13
Property Features for 66 John Fitch Hwy #7
General Information
Standard status
Size
Additional Details
Highway Access
Tenant in Place
Building Details
Year Built
Building Size
Tenancy
Listing Agency:
Century 21 North East
(800) 844-7653
Listed By:
Scott Simpson · License MA #454501513
(508) 331-2030
Source:
Lockandkeyre
Added: Nov 2
Changed: Nov 12
Last Checked: Nov 12 at 7:23AM
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 Century 21 North East
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Investment Insights
Based on property information with market context.
The available retail space measures approximately 5,200 square feet within a 26,700-square-foot plaza built in 1985. The center is divided into seven tenant spaces, with an established mix that includes H&R Block, The Nails Spa, That’s Entertainment, Jay’s Smoke Shop, and a church. The landlord is willing to contribute concessions toward tenant fit-up, supporting customization of the space.
The property is near the Summer Street and John Fitch Highway intersection in Fitchburg. Massachusetts DOT counts indicate 16,231 vehicles travel through the area daily. The address is 66 John Fitch Hwy #7.
The property is near the Summer Street and John Fitch Highway intersection in Fitchburg. Massachusetts DOT counts indicate 16,231 vehicles travel through the area daily. The address is 66 John Fitch Hwy #7.
Key Highlights
- Approximately 5,200 square feet of retail space
- Part of a 26,700‑square‑foot plaza with seven tenant spaces
- Existing tenant mix includes H&R Block, The Nails Spa, That’s Entertainment, Jay’s Smoke Shop, and a church
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,894
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,537,880
$1.5M
Cap Rate 7%
$1,098,486
$1.1M
Cap Rate 9%
$854,378
$854.4K
Market Conditions
NOI Build-Up for 5,200 SF
Gross rent
$112.3K $21.60/SF
− Vacancy
−$2.5K −$0.48/SF
EGI
$109.8K $21.12/SF
− OpEx
−$33.0K −$6.34/SF
NOI
$76.9K $14.79/SF
Area
Worcester County, MA
Vacancy
2.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,537,880
Cap Rate 7%
$1,098,486
Cap Rate 9%
$854,378
Alternative Uses
Best Use
Retail
$1.10M
$961.2K – $1.28M
NOI $76,894 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.78M
$1.55M – $2.07M
NOI $124,301 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
528
Businesses Nearby
91k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 81%
Shops & Services 9%
Home Improvements & Furnishings 6%
Electronics 4%
McDonald's
Dining
30,029 visits/mo
0.5 miles
Taco Bell
Dining
13,790 visits/mo
0.5 miles
Dunkin' Donuts
Dining
11,757 visits/mo
0.1 miles
Ninety Nine Restaurants
Dining
9,985 visits/mo
0.2 miles
Gourmet Donuts
Dining
5,144 visits/mo
0.4 miles
Demographics for 01420, MA
41,940
Population
17,998
Households
2.3
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
30.1 sq mi
ZIP Area
1,393
Density / Sq Mi
$70,334
Median Household Income
$41,753
Median Earnings
$1,131
Median Rent
$294,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Worcester County, MA
Properties on Market for Retail space in Worcester County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - A configurable commercial space within a seven-tenant retail center near the Summer Street and John Fitch Highway intersection.
Where is this retail space located?
The property is located at 66 John Fitch Hwy #7 Fitchburg, MA.
What are key features of this property?
This property features: Approximately 5,200 square feet of retail space; Part of a 26,700‑square‑foot plaza with seven tenant spaces; Existing tenant mix includes H&R Block, The Nails Spa, That’s Entertainment, Jay’s Smoke Shop, and a church
