High-Traffic Commercial Plaza
For Lease
$12 SF/Yr
950 Kings Hwy 18, New Bedford, MA 02745
Thriving commercial plaza with excellent visibility and access.
Space SizeContact for details
Property Size8,100 SF
Days on Market120
Property Features for 950 Kings Hwy 18
General Information
Standard status
Active
Size
8,100 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$469,814
Building Details
Building Size
8,100 SF
Year Built
1965
Listing Agency:
Coastal Realty
(413) 626-1655
Listed By:
Noble Vincent · License #451501061
(413) 626-1655
Source:
Elliman
Added: Apr 24
Changed: Aug 16
Last Checked: Aug 16 at 10:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coastal Realty
Investment Insights
Based on property information with market context.
This thriving commercial plaza is a destination location with a strong reputation and a broad customer base. The property has excellent visibility, seamless internal circulation, and effortless access from major thoroughfares, including Route 140 entrance and exit ramps. The center benefits from steady daily traffic and consistent repeat visitation. Anchored by established destination tenants, the plaza drives sustained foot traffic and fosters a synergistic environment suitable for retail, office, healthcare, and service-oriented users. The diversified tenant mix is balanced for long-term stability. Retailers benefit from strong co-tenancy and dependable traffic from service and healthcare. The location has a walk score of 74, indicating it is very walkable, a bike score of 49, indicating it is somewhat bikeable, and a transit score of 39, indicating some transit options are available. There are currently 5 units available for rent.
Key Highlights
- High‑traffic commercial plaza with a strong reputation and loyal customer base.
- Excellent visibility and effortless access from major thoroughfares, including Route 140.
- Anchored by established destination tenants, driving sustained foot traffic.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02745, MA
25,336
Population
10,649
Households
2.4
Avg Household Size
41
Median Age
20%
College-Educated
83%
High-School Grad
9.8 sq mi
ZIP Area
2,585
Density / Sq Mi
$73,154
Median Household Income
$46,978
Median Earnings
$1,104
Median Rent
$339,600
Median Home Value
Market
Lease Benchmarks for New Bedford, MA
$13.5 /SF/Yr
Avg Asking Price
$12–$18 /SF/Yr
Price Range
8,759 SF
Avg Space Size
This space is priced 11% below the average of $13.5 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Thriving commercial plaza with excellent visibility and access.
Where is this shopping center located?
The property is located at 950 Kings Hwy 18 New Bedford, MA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: High‑traffic commercial plaza with a strong reputation and loyal customer base.; Excellent visibility and effortless access from major thoroughfares, including Route 140.; Anchored by established destination tenants, driving sustained foot traffic.
