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    40 Furlong Dr Revere, MA 02151

    Sponsored
    For Lease
    Contact for pricing

    High-traffic shopping center, 2 suites available.

    Lot size:
    121,320 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents two available suites within The Shops at Suffolk Downs, a thriving shopping center in Revere, MA. Located at 40 Furlong Dr, this 121,320 square foot center boasts a prime location directly across from the Suffolk Downs Race Track, ensuring high visibility and foot traffic. The property sits on a substantial 28.25-acre lot and offers ample parking with 1,107 spaces. Built in 2003, the center features a diverse mix of established national and local tenants, including a Stop & Shop, a Target shadow anchor, Hibachi Grill, Milan Laser Hair Removal, Verizon Wireless, Dollar Tree, and Famous Footwear. The available suites range from a minimum of 1,603 square feet to a maximum contiguous space of 3,776 square feet, providing flexibility for various retail concepts. With a total of two suites available and 5,379 square feet of vacant space, this presents a unique chance to establish a presence in a high-performing center serving a robust local market of 425,000 people within a 5-mile radius. The property is situated in Suffolk County and offers a strong foundation for immediate success. This is an excellent opportunity to capitalize on a well-established retail center in a high-demand location.

    Property Features for 40 Furlong Dr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    121,320 SF

    Building Details

    Year Built
    2003

    Unit(s) available at that property

    Space
    Suite 2B
    Size
    3,776 SF
    Space
    Suite 6A
    Size
    1,603 SF

    HighLights

    • Suffolk County location.
    • Retail property.
    • 121,320 square feet total building area.
    • Up to 3,776 square feet of contiguous space available.
    • Minimum 1,603 square feet divisible space.
    • 28.25‑acre site with 1,107 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle 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
    Revere
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -70.9990735
    Latitude
    42.3993289

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic shopping center, 2 suites available.
    Where is this lifestyle center located?
    The property is located at 40 Furlong Dr Revere, MA.
    What are key features of this property?
    This property features: Suffolk County location.; Retail property.; 121,320 square feet total building area.
    Request Owner's contact information
    40 Furlong Dr Revere, MA 02151
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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
    40 Furlong Dr Revere, MA 02151
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