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    Property profile & analytics
    FOR LEASE
    Commercial real estate

    1000 Boston Tpke, Shrewsbury, MA 01545

    9.1 ac lot
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US38-1404882
    Property summary
    AI-generated overview

    This exceptional opportunity presents five available retail pad sites totaling 24,645 square feet in Shrewsbury, Massachusetts. Located at 1000 Boston Turnpike in Worcester County, this development offers a range of space options, perfect for a variety of businesses. Individual pad sizes range from a minimum of 1,690 square feet to a maximum contiguous space of 11,920 square feet, providing flexibility for businesses of various scales. The property is currently entirely vacant, presenting a unique chance to establish a presence in a thriving market. The "Retail, Restaurant, Land/Medical/Hotel/Day Care" zoning allows for diverse uses, catering to a wide spectrum of potential tenants. The property's strategic location in Shrewsbury, MA, zip code 01545, ensures high visibility and accessibility for customers. This is an ideal opportunity for businesses seeking a prominent location with ample space to grow and thrive. All 24,645 square feet are available for lease, offering a chance to create a significant retail presence or to divide the space to suit multiple tenants. The property is situated in a high-traffic area, promising strong foot traffic and visibility. Contact us today to learn more about this exciting opportunity.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 9.1 ac (396,396 SF)
    Zoning code LI
    APN SHRE M:36 B:021000
    UPID US38-1404882
    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
    Current use
    Occupant on record · Public records
    • Olde Shrewsbury Village Business Service Center Corporate Office
    • FitChix RX Gym & Fitness Center
    • NSC Training Center Vocational School
    • Kumon Math and Reading Center of Shrewsbury - East Training Center Tutoring Service
    • Crush Nails Nail Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $13.60M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $13.60M
    Owner & transaction history
    1000 Boston Turnpike LLC · 2 yrs held
    1000 Boston Turnpike LLC
    since 2024
    Last sale
    $13.6M
    2 recorded transactions
    2024
    $13.6M
    1969
    Zoning & alternative use
    LI · Shrewsbury, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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