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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2 Broadway Methuen, MA 01844

54,000 SF Built 2015
Property ID
Property summary
AI-generated overview

Broadway Crossing offers a 1,992 square foot retail space available for lease within a 54,000 square foot shopping center located at 2 Broadway, Methuen, MA 01844. Built in 2015, this multi-tenant property sits on a 5.68-acre lot and boasts 225 parking spaces, catering to the high volume of shoppers. The center enjoys a prime location along Route 28, serving the densely populated Methuen and Lawrence trade area, with over 143,000 residents within a 3-mile radius. Strong anchors include Caribbean Supermarket, O'Reilly Auto Parts, DCU (credit union), Perfect Dental, Family Dollar, T-Mobile, and a new Starbucks. The property benefits from its proximity to the 137-unit Loft 550 residential complex, ensuring a consistent flow of potential customers. Convenient access to Route 213 and Interstate 93 further enhances its appeal. The property is zoned BH. This presents a unique opportunity for businesses seeking high visibility and a strong customer base in a thriving retail environment. The available space is ideal for a variety of retail uses. Contact us today to learn more about this exceptional retail opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2015
Total area 54,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • T-Mobile Authorized Retailer Telecommunications Service Data Center
  • Super Saver Free Dry Laundromat (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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