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178 Haverhill St Methuen, MA 01844

OFF-MARKET Retail properties & Spaces Google Maps
180,000 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

Merrimac Plaza, a vibrant shopping center in Essex County, offers exceptional retail space for lease. This 180,000 square foot center boasts a strong anchor tenant, Market Basket, driving significant foot traffic. With over 202,000 annual visitors and an impressive average of 9-10 visits per year, this location guarantees high visibility and consistent customer flow. The property is strategically located on Route 110 (Haverhill Street), just half a mile from I-93, ensuring easy access for both residents and commuters. Ample parking is available for shoppers' convenience. Currently, there are three available retail spaces ranging from 1,274 to 2,426 contiguous square feet, totaling 7,445 square feet of vacant space. The center features a total of four suites, providing a diverse mix of retail offerings to cater to the needs of the densely populated surrounding area. This is an exceptional opportunity to establish or expand your business in a thriving community shopping center with a proven track record of success. The property's prime location and high traffic volume make it an ideal investment for businesses seeking strong returns. Don't miss this chance to secure your space in Merrimac Plaza.

Property profile

Verified
Property type Retail properties & Spaces
Total area 180,000 SF

Cap rate & NOI

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

Value estimations

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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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