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    550 Tpke St Rte North Andover, MA 01845
    Property profile & analytics

    550 Tpke St Rte, North Andover, MA 01845

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    • Neighborhood centers
    • 24,000 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 550 Tpke St Rte

    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    Crossroads Plaza, located at 550 Turnpike Street, Route 114 in North Andover, MA 01845, offers exceptional retail space for lease. This strip center boasts a total gross leasable area (GLA) of 24,000 square feet and features two available suites. One suite, previously occupied by Snip-its, offers 1,650 square feet, while a larger contiguous space of 6,865 square feet is also available. The property is zoned for General Business use, providing flexibility for a variety of retail tenants. Ample parking is provided with over 172 spaces, ensuring convenient access for customers. The high-traffic location on Route 114 sees an impressive 36,070 cars per day, offering significant visibility and potential for high foot traffic. The property is serviced by town water, sewer, and gas. This prime retail location presents a unique opportunity for businesses seeking high visibility and convenient access in a thriving North Andover community. The minimum divisible space is 6,865 square feet, while the maximum contiguous space available is also 6,865 square feet. A total of 8,515 square feet is currently vacant. This presents a compelling opportunity for businesses seeking a prominent location with strong traffic counts and ample parking.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    North Andover
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1156
    Latitude
    42.6664
    More about this property
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