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    553 Main St Tewksbury, MA 01876

    For Lease
    Contact for pricing

    High-traffic retail space available in Tewksbury, MA

    Lot size:
    94,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property, located at 553 Main St in Tewksbury, Massachusetts (Middlesex County, zip code 01876), offers a prime opportunity for businesses seeking high visibility and ample space. The property is a multi-tenant strip center totaling 94,000 square feet, currently boasting approximately 5,500 square feet of immediately available space. This presents a unique chance to establish or expand your business in a thriving commercial area. The property features convenient access and significant parking, with approximately 200 parking spaces available for customers and employees. Its location in Tewksbury, MA, ensures high foot traffic and excellent visibility, making it an ideal location for a variety of retail businesses. The property's classification as a retail strip center provides a strong foundation for success, benefiting from the synergy of neighboring businesses. The available 5,500 square feet offers considerable flexibility for customization and tenant build-out, allowing for a space tailored to specific business needs. This is a rare opportunity to secure a prominent retail presence in a desirable Massachusetts location. Contact us today to learn more about this exceptional property and schedule a viewing.

    Property Features for 553 Main St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    94,000 SF

    Unit(s) available at that property

    Space
    Pad Site
    Size
    5,500 SF

    HighLights

    • 94,000 SF total gross leasable area (GLA).
    • Anchored by Ocean State Job Lot and Planet Fitness, with a 5,500 SF pad site available.
    • Approximately 200 parking spaces.
    • High traffic counts: Over 25,000 vehicles per day (VPD) on Route 38 and 730,332 VPD on Route 495.
    • Signalized access.
    • Pylon signage opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ocean State Job ... Discount Store Super Feet Reflexologist Amy's Nails Nail Salon Merrimack Valley Car ... Club NorthEast Electrical Electrical Supply Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tewksbury
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.253286
    Latitude
    42.61836

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic retail space available in Tewksbury, MA
    Where is this neighborhood center located?
    The property is located at 553 Main St Tewksbury, MA.
    What are key features of this property?
    This property features: 94,000 SF total gross leasable area (GLA).; Anchored by Ocean State Job Lot and Planet Fitness, with a 5,500 SF pad site available.; Approximately 200 parking spaces.
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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
    553 Main St Tewksbury, MA 01876
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