120 Andover St 3 Danvers, MA 01923

This exceptional 6,950-square-foot retail space is ideally situated on Andover Street (Route 114) in Danvers, MA, offering unparalleled visibility and accessibility just off I-95. Boasting a large, open floor plan with impressive 12'-14' wall heights, the property includes a functional warehouse area complete with a loading dock, private offices, and two ADA-compliant restrooms. Benefit from a high-traffic location within one of the North Shore's most active retail corridors, experiencing an average daily traffic count exceeding 44,000 vehicles. The property's strategic placement is further enhanced by its proximity to a collection of high-quality retail establishments. Stand-out signage opportunities abound, including a prominent lighted pylon sign at the signalized entrance and excellent building frontage signage. Ample parking is available with 110 shared spaces conveniently located at both the front and rear of the property. Recent upgrades include a modernized HVAC system prioritizing fresh air circulation and enhanced filtration, resulting in improved air quality and reduced operating costs. The fire alarm system has also been recently upgraded. NNN expenses are estimated at $4 per square foot. A favorable lease structure is offered, featuring a 5-year step-up lease with multiple 5-year options. The space is delivered as a "vanilla box," allowing for tenant-specific interior modifications. The property sits on a 2.35-acre lot and was built in 1945. The building is a single-story, free-standing structure with 110V power and R114 zoning.