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    700 Main St Sharon, MA 02067

    Sponsored
    For Lease
    $35 SF/Yr

    Prime Sharon, MA Retail Space Available

    Lot size:
    103,420 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 103,420 square foot retail center, situated on 9.94 acres at the I-95/South Main Street interchange in Sharon, MA (02067), presents a unique investment opportunity. Built in 1964 and renovated in 2019, the property boasts two single-story buildings with 11 suites, offering 5,000 square feet of immediately available space in various sizes ranging from 1,000 to 5,000 square feet. The center features 519 parking spaces and is conveniently located near the I-95 SW Cross Street. Strong anchor tenants include Shaw's, Liquor World, KinderCare, Dollar Tree, and Citizens Bank, ensuring a consistent flow of customers. The property is zoned BD-B and benefits from a high median household income of $143,000. Its strategic location within the I-95 Corridor South, specifically the Route 495 South submarket cluster, provides excellent visibility and accessibility. Furthermore, its adjacency to the future Sharon Gallery development, including a Costco and over 400 residential units, promises significant future growth and increased foot traffic. This Class B property offers a compelling blend of established tenancy and exciting future potential.

    Property Features for 700 Main St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    103,420 SF
    Class
    B
    Total Rate
    301641.67

    Building Details

    Year Built/Renovated
    1964/2019
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Proposed Pad Building
    Size
    5,000 SF
    Rate per SF
    $40

    HighLights

    • 103,420 SF retail center on 9.94 acres at I‑95/South Main St interchange in Sharon, MA.
    • Two single‑story buildings with 11 suites, including 5,000 SF of immediately available space.
    • Strong anchor tenants including Shaw's, Liquor World, KinderCare, Dollar Tree, and Citizens Bank.
    • 519 parking spaces and high visibility location in the I‑95 Corridor South.
    • Proposed 5,000 SF outparcel pad building, subdividable to approximately 1,000 SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical space

    Map

    City
    Sharon
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.2193901
    Latitude
    42.094733

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    FAQs

    What type of property is this?
    Restaurant - Prime Sharon, MA Retail Space Available
    Where is this restaurant located?
    The property is located at 700 Main St Sharon, MA.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: 103,420 SF retail center on 9.94 acres at I-95/South Main St interchange in Sharon, MA.; Two single-story buildings with 11 suites, including 5,000 SF of immediately available space.; Strong anchor tenants including Shaw's, Liquor World, KinderCare, Dollar Tree, and Citizens Bank.
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    700 Main St Sharon, MA 02067
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    Sharon, MA 02067
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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
    700 Main St Sharon, MA 02067
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