Technical
Financial
Distress signals
Property profile

145 Great Rd Acton, MA 01720

FOR LEASE
Commercial real estate
Property ID
US38-1494513
10.34 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A retail center, Brookside Shops, boasts 75,529 square feet of space in two single-story buildings, constructed in 2002 and featuring a newly paved parking lot (2023). Located on Great Road (Route 2A) in Acton, MA (zip code 01720), this property enjoys a highly visible location with a traffic count exceeding 17,000 vehicles daily. Its strategic position, just 1.5 miles from Route 2 (36,900+ VPD), provides easy access to Interstates 95 and 495. The center is anchored by Trader Joe's and includes other high-quality tenants such as Staples, Talbots, J. Jill, Chico's, X-Golf, and KJ Cafe. Multiple end-cap spaces are available, ranging from a minimum of 2,815 square feet to a maximum contiguous space of 3,058 square feet. This presents a unique opportunity for restaurant and retail users seeking to tap into an affluent market. The surrounding area, encompassing Acton, Concord, and Carlisle, boasts an average household income exceeding $176,000 within a 5-mile radius. The property benefits from a signalized intersection, ensuring high visibility and convenient access. Limited retail competition and long-term tenant occupancy further enhance its appeal. This is a rare opportunity to acquire a well-established, high-performing retail center in a prime location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 10.34 ac (450,410 SF)
APN ACTO M:00F4 B:0037 L:0000
UPID US38-1494513

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Printing Service
  • Grocery & Convenience Store Food Market
  • (Bike/Boat/Book/etc) Store Printing Service
  • Shopping Center & Mall
  • Counselor Doctor

Location

145 Great Rd Acton, MA 01720
Acton metro Census 363105 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$21.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$21.00M

Owner & transaction history

since 2024
Last sale
$21.0M
7 recorded transactions
2024
$21.0M
2024
Price N/A
2016
$33.5M
2006
$27.9M
2004
Price N/A
2002
$3.3M
2002
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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