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Retail Space in Multi-Tenant Plaza
New
For Lease
$12 SF/Yr

950 Kings Hwy Unit 18, New Bedford, MA 02745

The space is one of five currently available units in a retail plaza with established destination tenants.

Space SizeContact for details
Days on Market6

Property Features for 950 Kings Hwy Unit 18

General Information

Standard status Active

Building Details

Year Built 1965
Listing Agency: Coastal Realty
Listed By: Noble Vincent · License #106427
Source: Alpernandmesenbourg
Added: Sep 30 Last Checked: Oct 4 at 1:38PM

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.

Unit 18 is an 8,100-square-foot retail space within a commercial plaza at 950 Kings Hwy in New Bedford. The plaza includes retail, office, healthcare, and service-oriented tenants, with five units currently available.

Access to Route 140 entrance and exit ramps is identified as a property feature. The center also has internal circulation connecting its tenant spaces.

Key Highlights

  • 8,100‑square‑foot retail space
  • One of five units currently available
  • Located within a plaza with retail, office, healthcare, and service tenants

Property Analytics

Current Use

Family Dollar Discount Store Salter School High School Dunkin' Cafe & Coffee Shop Dollar Tree Discount Store HGH Therapy Clinic ... Health Counselor

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Pharmacy Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

404
Businesses Nearby
216k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 41% Shops & Services 24% Groceries 16% Apparel 12%
Stop & Shop Groceries
35,641 visits/mo 0.4 miles
McDonald's Dining
26,699 visits/mo 0.3 miles
Wendy's Dining
21,784 visits/mo 0.4 miles
Savers Thrift Store Apparel
16,012 visits/mo 0.1 miles
Ocean State Job Lot Shops & Services
13,599 visits/mo 0.2 miles

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

$14.34 /SF/Yr
Avg Asking Price
$12–$18 /SF/Yr
Price Range
12,904 SF
Avg Space Size

This space is priced 16% below the average of $14.34 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - The space is one of five currently available units in a retail plaza with established destination tenants.
Where is this retail space located?
The property is located at 950 Kings Hwy Unit 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: 8,100‑square‑foot retail space; One of five units currently available; Located within a plaza with retail, office, healthcare, and service tenants
More about this property
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