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    43 Drum Hill Rd Chelmsford, MA 01863

    Sponsored
    For Lease
    Contact for pricing

    Chelmsford, MA retail opportunity.

    Lot size:
    43,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Class A retail space, located at 43 Drum Hill Rd, Chelmsford, MA 01863, offers 1,850 square feet of vacant space in a 43,000 square foot multi-tenant building. Situated in a high-traffic area with approximately 25,000+ cars daily, this location boasts excellent visibility and accessibility along Drum Hill Road, one of the strongest trade areas in Greater Boston. The property benefits from strong proximity to residential areas in Lowell and affluent communities in Westford and Chelmsford. This prime retail space is ideal for a franchisee, business owner, or corporation seeking to establish a presence in this thriving market. The center enjoys a prominent location on Drum Hill Road and is surrounded by successful businesses including Chipotle, Dave's Hot Chicken, AFC Urgent Care, Geico, TD Bank, Tropical Smoothie, Starbucks, Chase, and Walmart. The space is suitable for various uses, including food, retail, medical, urgent care, and quick-service restaurants (QSR). No elevators are available in the building. The Middlesex County location provides easy access to a large customer base. The available space ranges from 1,000 to 1,850 contiguous square feet.

    Property Features for 43 Drum Hill Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,000 SF
    Class
    A

    Unit(s) available at that property

    Space
    Retail Space At Drum Hill Plaza
    Size
    1,000 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chelmsford
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.361567573785
    Latitude
    42.625079190402

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    FAQs

    What type of property is this?
    Restaurant - Chelmsford, MA retail opportunity.
    Where is this restaurant located?
    The property is located at 43 Drum Hill Rd Chelmsford, MA.
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    43 Drum Hill Rd Chelmsford, MA 01863
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    Chelmsford, MA 01863
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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
    43 Drum Hill Rd Chelmsford, MA 01863
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