1033 Thorndike St 1059, Palmer, MA 01069-1504
This exceptional retail opportunity is located in the highly visible Palmer Plaza, a well-maintained property boasting over 10,209 cars passing daily. The space totals 4,307 square feet and is available as a sublease, offering flexible options from a minimum of 1,200 contiguous square feet up to a maximum of 3,107 contiguous square feet. A significant portion (1,211 square feet) is already attractively built out, while the remaining 1,900 square feet provides raw space with existing plumbing and electrical, ready for customization. The landlord is willing to complete a build-out for a suitable tenant. This single-story building features modern health and safety systems, including sprinklers. The space includes a small back room and a private bathroom, and boasts ample plumbing throughout. A beer and wine license is included with the lease. The property's prime corner location ensures maximum visibility and accessibility, making it ideal for a variety of retail businesses. The zoning is business. This is a rare opportunity to secure a well-positioned retail space in a high-traffic area with a responsive landlord.
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Yummy Asian Cuisine Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
VC1 · Palmer, MAPalmer. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.