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    238-310 Grove St Braintree, MA 02184

    For Lease
    Contact for pricing

    Grocery-anchored retail center; prime Boston location.

    Lot size:
    153,714 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Tedeschi Plaza presents a unique investment opportunity in the thriving Braintree, Massachusetts market. This grocery-anchored shopping center boasts 153,714 square feet of total building space, currently featuring a strong tenant mix including Stop & Shop, CVS, Crunch Fitness, UPS, and Dunkin'. One retail space of approximately 28,000 square feet is currently available, presenting a significant opportunity for expansion or new tenancy. The property is situated in a densely populated area, just 12 miles south of Boston, providing exceptional access to a large consumer base. Within a 3-mile radius, there are approximately 77,167 residents with an average household income of $117,323, indicating strong purchasing power and market demand. The existing tenant lineup demonstrates the property's proven ability to attract and retain high-quality businesses. This is a rare chance to acquire a well-established retail property in a highly desirable location with significant growth potential. The 7,530 square feet of vacant space offers flexibility for a variety of retail uses, complementing the existing strong tenant base. Located in Norfolk County, this property benefits from excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The property's success is further underscored by its strong anchor tenant, Stop & Shop, ensuring consistent foot traffic and a vibrant shopping environment.

    Property Features for 238-310 Grove St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    153,714 SF

    Unit(s) available at that property

    Space
    131
    Size
    28,000 SF

    HighLights

    • Grocery‑anchored shopping center in Braintree, MA, a densely populated Boston suburb.
    • Strong tenant lineup including Stop & Shop, CVS, Crunch Fitness, UPS, and Dunkin'.
    • Excellent demographics: 77,167 residents within a 3‑mile radius, average household income $117,323.
    • 153,714 total square feet, 7,530 square feet currently vacant.
    • One available space totaling 28,000 square feet.
    • Located in Norfolk County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Braintree
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -70.9875811
    Latitude
    42.1915193

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    FAQs

    What type of property is this?
    Retail property - Grocery-anchored retail center; prime Boston location.
    Where is this retail property located?
    The property is located at 238-310 Grove St Braintree, MA.
    What are key features of this property?
    This property features: Grocery-anchored shopping center in Braintree, MA, a densely populated Boston suburb.; Strong tenant lineup including Stop & Shop, CVS, Crunch Fitness, UPS, and Dunkin'.; Excellent demographics: 77,167 residents within a 3-mile radius, average household income $117,323.
    Request Owner's contact information
    238-310 Grove St Braintree, MA 02184
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    Braintree, MA 02184
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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
    238-310 Grove St Braintree, MA 02184
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