238-310 Grove St Braintree, MA 02184
- Retail properties
- 153,714 SF
Current Use by Public Records
- Retail properties
Property Details for 238-310 Grove St
- Property size
- 153,714 SF
- Property type
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Braintree
- County
- Norfolk
- State
- Massachusetts
- Longitude
- -70.9876
- Latitude
- 42.1915
