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Freestanding Drug Store
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891 Main Street, Woburn, MA 01801

Single-tenant pharmacy building on a sizable commercial parcel with a long-term Double Net lease.

Property Size13,013 SF
Lot Size2.05 Acres
Price / SF$891.04
Days on Market47

Property Features for 891 Main Street

General Information

Standard status Active
Size 13,013 SF
Lot size 2.05 Acres
Property subtype Retail
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $724,694

Additional Details

Gross Income $724,694

Building Details

Year Built 2013
Tenancy Single
Listing Agency: SURMOUNT
Listed By: Kevin Burke · License #NY: 10401370868
Source: Crexi
Added: Jul 15 Changed: Aug 29 Last Checked: Aug 29 at 6:50PM

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 SURMOUNT

Investment Insights

Based on property information with market context.

This freestanding drug store comprises 13,013 rentable square feet on an estimated 2.05-acre parcel. Constructed in 2013, the building is occupied by CVS Pharmacy under a 25.35-year Double Net lease that began 9/30/2013.

The lease includes scheduled rent increases of 10.00% during every first option period and 5.00% during every last option period. The property is located at 891 Main Street in Woburn, Massachusetts.

Key Highlights

  • 13,013 rentable square feet on an estimated 2.05‑acre parcel
  • CVS Pharmacy occupancy under a 25.35‑year Double Net lease
  • Lease commenced 9/30/2013

Property Analytics

Current Use

CVS Pharmacy Santander Bank ATM Atm CVS Photo (Bike/Boat/Book/etc) Store CVS Pharmacy Pharmacy MoneyGram Bank

Suggested Use

Top Pick Hair Salon Nail Salon Auto Parts Store Parking Lot & Garage Restaurant Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,233
Businesses Nearby
24k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 51% Dining 46% Hotels & Casinos 3%
Dunkin' Donuts Dining
10,976 visits/mo 0.1 miles
Mobil Shops & Services
9,861 visits/mo 0.1 miles
Santander Bank Shops & Services
2,090 visits/mo 0.5 miles
Extended Stay America Hotels & Casinos
701 visits/mo 0.3 miles

Demographics for 01801, MA

40,891
Population
16,982
Households
2.4
Avg Household Size
41
Median Age
47%
College-Educated
94%
High-School Grad
12.7 sq mi
ZIP Area
3,220
Density / Sq Mi
$107,754
Median Household Income
$60,637
Median Earnings
$2,190
Median Rent
$641,800
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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Similar Off Market Nearby

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  • QVS 831 Main St, Woburn, MA 01801
  • CVS 891 Main St, Woburn, MA 01801

Frequently Asked Questions

What type of property is this?
Drug store - Single-tenant pharmacy building on a sizable commercial parcel with a long-term Double Net lease.
Where is this drug store located?
The property is located at 891 Main Street Woburn, MA.
What is the asking price?
The asking price for this property is $11,595,104.
What are key features of this property?
This property features: 13,013 rentable square feet on an estimated 2.05‑acre parcel; CVS Pharmacy occupancy under a 25.35‑year Double Net lease; Lease commenced 9/30/2013
(332) 345-4222 Call to check price and availability
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