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    OFF-MARKET
    Retail properties & Spaces

    238-310 Grove St, Braintree, MA 02184

    153,714 SF
    Property ID
    Property summary
    AI-generated overview

    Tedeschi Plaza presents a unique investment opportunity in the thriving Braintree, Massachusetts market. This grocery-anchored shopping center boasts 153,714 square feet of total building space, currently featuring a strong tenant mix including Stop & Shop, CVS, Crunch Fitness, UPS, and Dunkin'. One retail space of approximately 28,000 square feet is currently available, presenting a significant opportunity for expansion or new tenancy. The property is situated in a densely populated area, just 12 miles south of Boston, providing exceptional access to a large consumer base. Within a 3-mile radius, there are approximately 77,167 residents with an average household income of $117,323, indicating strong purchasing power and market demand. The existing tenant lineup demonstrates the property's proven ability to attract and retain high-quality businesses. This is a rare chance to acquire a well-established retail property in a highly desirable location with significant growth potential. The 7,530 square feet of vacant space offers flexibility for a variety of retail uses, complementing the existing strong tenant base. Located in Norfolk County, this property benefits from excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The property's success is further underscored by its strong anchor tenant, Stop & Shop, ensuring consistent foot traffic and a vibrant shopping environment.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 153,714 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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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