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Grocery-Anchored Shopping Center Retail Space
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975 Merriam Avenue, Leominster, MA 01453

Retail space available in a regionally located shopping center.

Space SizeContact for details
Days on Market149

Property Features for 975 Merriam Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Boston
Listed By: Rob Robledo · License #RES.0777085
Source: Cbre
Added: Mar 25 Changed: Aug 14 Last Checked: Aug 20 at 5:56AM

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 CBRE - Boston

Investment Insights

Based on property information with market context.

This regionally located grocery-anchored shopping center offers 40,000 square feet of box and pad opportunities. The property is situated on the border of Fitchburg and Leominster, serving the entire Central Massachusetts region. It features direct frontage and visibility on Route 2, which sees 47,953 cars per day, and Merriam Avenue, which sees 21,758 cars per day. The property also benefits from three large pylon signs. Current co-tenants include Buffalo Wild Wings, Five Guys, Hannaford, Planet Fitness, and Outback Steakhouse. New ownership is in place with plans for shopping center improvements.

Key Highlights

  • 40,000 SF box and pad opportunities available.
  • Grocery‑anchored shopping center.
  • High traffic location: Directly facing Route 2 (47,953 cars per day) and Merriam Avenue (21,758 cars per day).

Property Analytics

Current Use

Verizon Fios Store Telecommunications Service Elegant Nails Hair Salon Planet Fitness Spa & Massage Center Great Clips Hair Salon Redfoxpos Electronics & Wireless Store

Suggested Use

Top Pick Law Firm Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Garden Center Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

438
Businesses Nearby
181k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 63% Groceries 22% Shops & Services 7% Apparel 4%
Hannaford Groceries
40,599 visits/mo 0.1 miles
McDonald's Dining
25,837 visits/mo 0.2 miles
Dunkin' Donuts Dining
20,448 visits/mo 0.2 miles
Burger King Dining
14,846 visits/mo 0.2 miles
Buffalo Wild Wings Dining
14,050 visits/mo 0.1 miles

Demographics for 01453, MA

43,752
Population
18,895
Households
2.3
Avg Household Size
41
Median Age
32%
College-Educated
90%
High-School Grad
26.4 sq mi
ZIP Area
1,657
Density / Sq Mi
$82,098
Median Household Income
$52,247
Median Earnings
$1,282
Median Rent
$345,900
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
Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Shopping center - Retail space available in a regionally located shopping center.
Where is this shopping center located?
The property is located at 975 Merriam Avenue Leominster, MA.
What are key features of this property?
This property features: 40,000 SF box and pad opportunities available.; Grocery‑anchored shopping center.; High traffic location: Directly facing Route 2 (47,953 cars per day) and Merriam Avenue (21,758 cars per day).
More about this property
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