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    400 Lynn Fells Pkwy Saugus, MA 01906

    Sponsored
    For Lease
    Contact for pricing

    High-traffic Essex County retail center; 54,863 SF available.

    Lot size:
    161,975 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Target Plaza presents a prime retail leasing opportunity in Essex County. This vibrant strip center boasts a total of 161,975 square feet, with a significant 54,863 square feet currently available for lease. The space is sub-dividable, offering flexibility for businesses of various sizes. The property benefits from exceptional visibility and accessibility, situated in a high-traffic area with a daily count of 115,030 vehicles on Route 1 and an additional 20,000 vehicles on Lynn Fells Parkway. Ample parking is provided with 803 spaces, a generous ratio of 4.96 spaces per 1,000 square feet, ensuring convenient access for customers and employees. This is an exceptional opportunity to establish or expand your business in a thriving retail environment with strong foot traffic and convenient parking. The property's size and location make it ideal for a variety of retail uses. Contact us today to learn more about this exceptional leasing opportunity.

    Property Features for 400 Lynn Fells Pkwy

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    161,975 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    54,863 SF

    HighLights

    • 54,863 square feet of sub‑dividable retail space available for lease.
    • 161,975‑square‑foot retail strip center.
    • High traffic counts: 115,030 vehicles daily on Route 1 and 20,000 on Lynn Fells Parkway.
    • 803 parking spaces (4.96 spaces per 1,000 square feet).
    Property Profile Location Intelligence

    Current Use by Public Records

    CVS Pharmacy Pharmacy Starbucks Coffee Shop Target Mobile Cell Phone Store Target Grocery Grocery Store CVS Drug Store

    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
    Saugus
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.0243331
    Latitude
    42.4819116

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic Essex County retail center; 54,863 SF available.
    Where is this neighborhood center located?
    The property is located at 400 Lynn Fells Pkwy Saugus, MA.
    What are key features of this property?
    This property features: 54,863 square feet of sub-dividable retail space available for lease.; 161,975-square-foot retail strip center.; High traffic counts: 115,030 vehicles daily on Route 1 and 20,000 on Lynn Fells Parkway.
    Request Owner's contact information
    400 Lynn Fells Pkwy Saugus, MA 01906
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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
    400 Lynn Fells Pkwy Saugus, MA 01906
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