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Retail and Office Unit in Plaza
For Lease
$12 SF/Yr

950 Kings Hwy # 20, New Bedford, MA 02745

Unit #20 in a multi-tenant plaza with convenient Route 140 access and internal circulation.

Space SizeContact for details
Property Size13,445 SF
Days on Market246

Property Features for 950 Kings Hwy # 20

General Information

Standard status Active
Size 13,445 SF
Property subtype COMMERCIAL

Taxes and HOA fees

Annual Taxes $469,814

Building Details

Building Size 13,445 SF
Year Built 1965
Listing Agency: Coastal Realty
Listed By: Noble Vincent · License #106427
Source: Donnellyandco
Added: Dec 29, 2025 Changed: Aug 28 Last Checked: Aug 31 at 12:09AM

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 is Unit #20 within a multi-tenant commercial plaza, one of five units currently available. The space is situated in a center that is described as a well-established destination with a diversified tenant mix spanning retail, office, healthcare, and service-oriented uses.

The property is positioned for convenient ingress and egress, with access highlighted from Route 140 entrance and exit ramps. The plaza is presented as offering strong visibility and seamless internal circulation for day-to-day customer access.

Anchored by established destination tenants, the center is intended to support ongoing foot traffic and cross-shopping within the complex, with co-tenancy and a balanced mix used as part of the overall leasing framework for the tenants served.

Key Highlights

  • Unit #20 available in a multi‑tenant commercial plaza
  • Multi‑tenant plaza built in 1965
  • Convenient access from Route 140 entrance and exit ramps

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
Under-served
Demand for This Use

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
7,197 SF
Avg Space Size

This space is priced 11% below the average of $13.5 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Unit #20 in a multi-tenant plaza with convenient Route 140 access and internal circulation.
Where is this shopping center located?
The property is located at 950 Kings Hwy # 20 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: Unit #20 available in a multi‑tenant commercial plaza; Multi‑tenant plaza built in 1965; Convenient access from Route 140 entrance and exit ramps
More about this property
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