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    OFF-MARKET
    Lifestyle centers

    40 Furlong Dr, Revere, MA 02151

    121,320 SF Built 2003
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents two available suites within The Shops at Suffolk Downs, a thriving shopping center in Revere, MA. Located at 40 Furlong Dr, this 121,320 square foot center boasts a prime location directly across from the Suffolk Downs Race Track, ensuring high visibility and foot traffic. The property sits on a substantial 28.25-acre lot and offers ample parking with 1,107 spaces. Built in 2003, the center features a diverse mix of established national and local tenants, including a Stop & Shop, a Target shadow anchor, Hibachi Grill, Milan Laser Hair Removal, Verizon Wireless, Dollar Tree, and Famous Footwear. The available suites range from a minimum of 1,603 square feet to a maximum contiguous space of 3,776 square feet, providing flexibility for various retail concepts. With a total of two suites available and 5,379 square feet of vacant space, this presents a unique chance to establish a presence in a high-performing center serving a robust local market of 425,000 people within a 5-mile radius. The property is situated in Suffolk County and offers a strong foundation for immediate success. This is an excellent opportunity to capitalize on a well-established retail center in a high-demand location.

    Property profile
    Verified
    Property type Lifestyle centers
    Year built 2003
    Total area 121,320 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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