74-102 Central St Wellesley, MA 02482
Central Plaza, located at 74-102 Central Street in Wellesley, Massachusetts (zip code 02482), offers a unique retail opportunity in Norfolk County. This multi-tenant property boasts a total of 50,339 square feet of street-front retail space. Seven suites are currently available, ranging in size from a minimum of 1,130 square feet to a maximum contiguous space of 8,061 square feet. A total of 24,288 square feet is currently vacant. The property features a convenient 115-car parking lot, a significant advantage in this high-demand area. Central Plaza enjoys a prime location in Wellesley's upscale Central Street shopping district, just one block from Wellesley College and a short distance from major roadways including Route 16, Route 128, and Route 9. This established center is anchored by strong, well-known tenants such as Shake Shack, Alta Strada, Wellesley Books, MiniLuxe, and Lockheart Restaurant, creating a vibrant and desirable retail environment. The property's strategic location and ample parking make it an exceptional opportunity for businesses seeking high visibility and convenient access for customers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.