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Property profile & analytics
OFF-MARKET Estimated value $1,690,000
Super regional malls

111 Lenox St Norwood, MA 02062-4279

46,782 SF 2.61 ac lot Built 1989
Entity Owned 14-yr Hold Free & Clear
Property ID
US38-0259965
Property summary
AI-generated overview

This exceptional Class A retail center, located at 111 Lenox Street in Norwood, Massachusetts, offers multiple spaces for lease. Built in 1989, this single-story, 47,073 square foot center boasts a prime location at the intersection of Nahatan Street and Lenox Street, enjoying high traffic counts (approximately 15,000+ cars daily on Nahatan Street). The property benefits from excellent visibility and proximity to key amenities, including the Norwood Center commuter rail station, over 400 Avalon Apartments, and Norwood Hospital (within a half-mile radius). Three spaces are currently available, ranging from 1,875 to 4,050 contiguous square feet. The center enjoys a strong tenant mix, including established businesses such as Shaws, TJMaxx, Dunkin' Donuts, CVS, Members Plus Credit Union, and many others, demonstrating a long-standing history of success (30+ years). This well-established shopping center presents a unique opportunity for businesses seeking a prominent presence in the thriving Route 1 market. The property features no elevators. Power is available.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1989
Construction STEEL FRAME
Total area 46,782 SF
Lot 2.61 ac (113,692 SF)
APN NORW M:00004 B:0002B L:00001
UPID US38-0259965
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
  • Dr. Maranda Bliss Dental Office
  • Nahatan Place Shopping Center & Mall
  • Rincon caribeño 2 Restaurant
  • Prieto Empanadas II Restaurant
  • TT Nails & Spa Norwood Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.20M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.18M
Blend (final) Blend
$1.69M
Owner & transaction history
Nahatan Realty LLC · 14 yrs held
Nahatan Realty LLC
since 2011
3 recorded transactions
2011
$1
1999
Price N/A
1988
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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