Property profile

47 Mazzeo Dr Randolph, MA 02368

OFF-MARKET
Retail properties & Spaces
60,368 SF
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Property summary

AI-generated overview

Sterling Plaza, located at 47 Mazzeo Drive in Randolph, Massachusetts, presents a unique opportunity to lease a substantial retail space. This single-tenant property boasts a total of 60,368 square feet, with 4,220 square feet currently available for lease. The building is classified as a former gym, offering a flexible layout adaptable to a variety of retail uses. The property is situated in Norfolk County, offering convenient access to major transportation routes and a thriving local community. Ample parking is available with 410 spaces, providing a ratio of 6.8 spaces per 1,000 square feet. The property's location in Randolph, MA, zip code 02368, provides excellent visibility and accessibility for customers. This is an exceptional opportunity for a business seeking a well-located, spacious retail space with significant parking. The building's previous use as a gym suggests a strong structural foundation and potentially high ceilings, ideal for a variety of retail concepts. The 4,220 square feet of vacant space offers a blank canvas for a new tenant to create a customized retail environment. Interested parties are encouraged to inquire further to explore the possibilities this property offers. The property is designated as Retail and is classified as a former gym/commercial space.

Property profile

Verified
Property type Retail properties & Spaces
Total area 60,368 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Gym & Fitness Center

Location

47 Mazzeo Dr Randolph, MA 02368
Randolph metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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