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    400 Lynn Fells Pkwy Saugus, MA 01906

    • Super regional malls
    • 162,138 SF
    • 15.88 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US38-1192715
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • CVS Pharmacy / Pharmacy
    • Starbucks / Coffee Shop
    • Target Mobile / Cell Phone Store / Cell Phone Accessory Store
    • Target Grocery / Grocery Store / Supermarket
    • CVS / Drug Store

    Property Details for 400 Lynn Fells Pkwy

    Year built
    1960
    Lot size
    15.88 lot acres
    Property size
    162,138 SF
    Zone code
    NA
    Property type
    Super regional malls
    APN
    SAUG M:013-D B:0001 L:0001
    APU
    SAUGM013DB0001L0001

    Description

    Target Plaza presents a prime retail leasing opportunity in Essex County. This vibrant strip center boasts a total of 161,975 square feet, with a significant 54,863 square feet currently available for lease. The space is sub-dividable, offering flexibility for businesses of various sizes. The property benefits from exceptional visibility and accessibility, situated in a high-traffic area with a daily count of 115,030 vehicles on Route 1 and an additional 20,000 vehicles on Lynn Fells Parkway. Ample parking is provided with 803 spaces, a generous ratio of 4.96 spaces per 1,000 square feet, ensuring convenient access for customers and employees. This is an exceptional opportunity to establish or expand your business in a thriving retail environment with strong foot traffic and convenient parking. The property's size and location make it ideal for a variety of retail uses. Contact us today to learn more about this exceptional leasing opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Saugus
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.024
    Latitude
    42.4816
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $424,324
    $8,144,600
    $11,099,100
    $19,243,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      71,823 SF

      358th Broadway

      REGIONAL SHOPPING CENTER, MALL • 71,823 SF
      358th Broadway, Saugus, MA 01906-1902
      View Details
    • Value Estimation
      $420,000
      5,010 SF

      4 Howard St

      REGIONAL SHOPPING CENTER, MALL • 5,010 SF
      4 Howard St, Saugus, MA 01906-2398
      View Details
    • Value Estimation by Request
      33,456 SF

      182 Broadway

      REGIONAL SHOPPING CENTER, MALL • 33,456 SF
      182 Broadway, Saugus, MA 01906
      View Details
    • Value Estimation by Request
      37,469 SF

      880 Broadway

      REGIONAL SHOPPING CENTER, MALL • 37,469 SF
      880 Broadway, Saugus, MA 01906-3284
      View Details
    • Value Estimation by Request
      25,716 SF

      120 Broadway, Unit 134

      REGIONAL SHOPPING CENTER, MALL • 25,716 SF
      120 Broadway, Saugus, MA 01906-1027
      View Details
    • Value Estimation by Request
      13,650 SF

      352 Broadway

      REGIONAL SHOPPING CENTER, MALL • 13,650 SF
      352 Broadway, Saugus, MA 01906-1902
      View Details

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    Similar Nearby for Lease

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      2,000 SF

      Retail Space in Saugus Center

      Neighborhood strip center in the Saugus 'Golden Mile'.
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      161,975 SF

      Target Plaza: Retail Space Available

      High-traffic Essex County retail center; 54,863 SF available.
      400 Lynn Fells Pkwy, Saugus, MA 01906
      View Details
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    Saugus, MA 01906
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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