116 Chelmsford St, Chelmsford, MA 01824
For Lease
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This exceptional 2,689 square foot retail space is situated in a thriving, Class A plaza in Chelmsford, Middlesex County. The property is part of a single-story building, offering excellent visibility and accessibility. Currently vacant, this inline space presents a unique opportunity for businesses seeking a high-traffic location. The plaza boasts a strong anchor tenant lineup, including 110 Grill and Berkshire Bank, ensuring consistent foot traffic and brand synergy. This prime retail space is ideally located just off Route 495, providing convenient access for customers and employees alike. The multiple tenancy setup allows for a collaborative and vibrant atmosphere. The space is categorized as inline, strip mall, plaza, and day spa suitable, offering flexibility for a variety of retail concepts. The property's Class A designation reflects its superior construction, amenities, and overall quality. This is an exceptional opportunity to establish or expand your business in a highly desirable and visible location. The 2,689 square feet provide ample space for a variety of retail uses, allowing for creative layout and design to suit your specific needs. Don't miss this chance to secure a prominent position in a successful and well-established commercial center. Contact us today to schedule a viewing and explore the possibilities.
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
Property description
Physical attributes from public recordsZoning & alternative use
CD · Chelmsford, MAChelmsford. 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.