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Starbucks Coffee Shop
For Sale
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Pending

966 Grafton St, Worcester, MA 01604

The building is fully occupied by Starbucks under a long-term lease with three renewal options.

Property Size4,220 SF
Days on Market142

Property Features for 966 Grafton St

General Information

Standard status Pending
Size 4,220 SF
Property subtype Retail
Occupancy 100%

Additional Details

Gross Income $145,000

Building Details

Buildings 1
Tenancy Single
Listing Agency: Atlantic Retail Boston
Listed By: Danny Griffin · License #9571654
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 3:42PM

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 Atlantic Retail Boston

Investment Insights

Based on property information with market context.

The 4,220-square-foot coffee shop is occupied by Starbucks, which has operated from the property since 2022. The building is subject to a 10-year lease signed in 2021, with the lease term beginning on 6/6/2022. The agreement also provides three five-year extension options.

Located at 966 Grafton St, Worcester, MA 01604, the property fronts Rt 122 (Grafton St) in East Worcester. Its setting is identified within a regional retail market serving the surrounding suburban areas. The property combines an established coffee shop use with a long-term occupancy structure and defined renewal rights.

Key Highlights

  • 4,220 SF coffee shop occupied by Starbucks since 2022
  • 100% occupied by Starbucks
  • 10‑year lease signed in 2021

Property Analytics

Current Use

Friendly's Restaurant COMING SOON: Starbucks Cafe & Coffee Shop Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Spa & Massage Center Accounting Firm

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

360
Businesses Nearby
196k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Shops & Services 37% Groceries 16% Apparel 4%
Stop & Shop Groceries
31,919 visits/mo 0.2 miles
McDonald's Dining
27,558 visits/mo 0.1 miles
Ollie's Bargain Outlet Shops & Services
14,804 visits/mo 0.3 miles
Dollar Tree Shops & Services
14,448 visits/mo 0.2 miles
Dunkin' Donuts Dining
12,696 visits/mo 0.1 miles

Demographics for 01604, MA

41,301
Population
18,166
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
86%
High-School Grad
6.6 sq mi
ZIP Area
6,258
Density / Sq Mi
$72,911
Median Household Income
$45,596
Median Earnings
$1,570
Median Rent
$321,900
Median Home Value

Market

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
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Similar Off Market Nearby

  • Dippin’ Donuts 1121 Grafton St, Worcester, MA 01604
  • COMING SOON: Starbucks 966 grafton st, worcester, ma 01604
  • Starbucks 966 Grafton St, Worcester, MA 01604

Frequently Asked Questions

What type of property is this?
Coffee shop - The building is fully occupied by Starbucks under a long-term lease with three renewal options.
Where is this coffee shop located?
The property is located at 966 Grafton St Worcester, MA.
What are key features of this property?
This property features: 4,220 SF coffee shop occupied by Starbucks since 2022; 100% occupied by Starbucks; 10‑year lease signed in 2021
More about this property
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