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    40 Furlong Dr Revere, MA 02151

    For Lease
    Contact for pricing

    Prime Revere retail space available.

    Lot size:
    450,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional retail opportunity is located at 40 Furlong Drive in Revere, Massachusetts, within the Shops at Suffolk Downs. The property offers multiple tenancy options within a large retail center, totaling 450,000 square feet. Currently, there are 5,379 square feet of vacant space available, divisible into units ranging from a minimum of 1,603 square feet to a maximum contiguous space of 3,776 square feet. This presents a unique chance for businesses seeking flexible and adaptable retail spaces in a high-traffic location within Suffolk County. The address is easily accessible, situated in Revere, MA, zip code 02151, offering excellent visibility and convenient access for customers. The property is categorized as retail and is ideal for a variety of businesses seeking a presence in this thriving area. Interested parties are encouraged to inquire about lease terms and specific unit availability. The location offers significant potential for growth and success within a well-established retail environment. This is a rare opportunity to secure prime retail space in a desirable location.

    Property Features for 40 Furlong Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    450,000 SF

    Unit(s) available at that property

    Space
    Suite 2B
    Size
    3,776 SF
    Space
    Suite 6A
    Size
    1,603 SF

    HighLights

    • 3,776 SF retail space available between Stop & Shop, Mattress Firm, and Target.
    • 1,603 SF inline retail space available.
    • Less than two miles from Logan Airport.
    • Adjacent to the 16.2M SF Suffolk Downs Redevelopment, including 10,000 residential units, 5.2M SF of office/life science space, and 450,000 SF of retail.
    • High traffic location on Revere Beach Parkway (26,801 cars/day).
    • Densely populated area with 30,000 residents within one mile.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Revere
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -70.9990735
    Latitude
    42.3993289

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    FAQs

    What type of property is this?
    Retail property - Prime Revere retail space available.
    Where is this retail property located?
    The property is located at 40 Furlong Dr Revere, MA.
    What are key features of this property?
    This property features: 3,776 SF retail space available between Stop & Shop, Mattress Firm, and Target.; 1,603 SF inline retail space available.; Less than two miles from Logan Airport.
    Request Owner's contact information
    40 Furlong Dr Revere, MA 02151
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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
    40 Furlong Dr Revere, MA 02151
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