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    1 Wheeler Rd Burlington, MA 01803

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail, I-95/128 Visibility

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Gateway Burlington offers exceptional retail space for lease in a brand-new, Class A development (built 2022). This two-story building boasts 20,000 square feet of total space, with three available units ranging from 2,190 to 9,800 contiguous square feet. The property features a highly desirable drive-thru opportunity, providing unparalleled convenience for potential tenants. Located on Middlesex Turnpike at the I-95/128 ramp, this location benefits from exceptional visibility and high traffic counts: 29,843 vehicles daily on Middlesex Turnpike and 179,842 on I-95/128. The surrounding area demonstrates strong demographics, with a three-mile daytime population of 82,600, a three-mile residential population of 82,010, and a three-mile average household income of $152,873. The building includes 103 parking spaces for ample customer convenience. The property is zoned BUS and is situated near the 1.2 million square foot Burlington Mall, ensuring significant foot traffic and brand recognition. With eight total suites and currently 9,800 square feet vacant, this is a rare opportunity to establish a presence in a thriving retail corridor. The minimum divisible space is 2,190 square feet, making it suitable for a variety of businesses. Don't miss this chance to secure a prime location in a high-traffic, high-income area.

    Property Features for 1 Wheeler Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Class
    A

    Building Details

    Year Built
    2022
    Stories
    2

    Unit(s) available at that property

    Space
    Suite A
    Size
    2,190 SF
    Space
    Space B
    Size
    2,303 SF
    Space
    E THRU H
    Size
    9,800 SF

    HighLights

    • Class A, 20,000 SF retail building, built in 2022.
    • Multiple tenancy with 8 suites; 9,800 SF vacant.
    • Spaces available from 2,190 SF to 9,800 SF contiguous.
    • 103 parking spaces.
    • Prime location at Middlesex Turnpike & I‑95/128 ramp, near Burlington Mall.
    • Rare drive‑thru opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Patio Place Outdoor Furniture Store

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.213942050505
    Latitude
    42.47614057615

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    FAQs

    What type of property is this?
    Retail property - Prime Retail, I-95/128 Visibility
    Where is this retail property located?
    The property is located at 1 Wheeler Rd Burlington, MA.
    What are key features of this property?
    This property features: Class A, 20,000 SF retail building, built in 2022.; Multiple tenancy with 8 suites; 9,800 SF vacant.; Spaces available from 2,190 SF to 9,800 SF contiguous.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Wheeler Rd Burlington, MA 01803
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