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Property profile & analytics
FOR LEASE
Super regional malls

180 Endicott St Danvers, MA 01923

50,168 SF 12.2 ac lot Built 1979
Individually Owned 15-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US38-1229352
Property summary
AI-generated overview

Endicott Square, located at 180 Endicott Street in Danvers, Massachusetts, presents a unique opportunity for retail businesses seeking space in a vibrant Essex County location. This strip center offers a total of 40,004 square feet of retail space, currently entirely vacant and available for lease. The property is highly divisible, with a minimum leasable space of 3,812 square feet and a maximum contiguous space of 36,192 square feet, providing flexibility for businesses of various sizes. This allows for a single large tenant to occupy the entire space or multiple smaller tenants to occupy individual units. The property's address is 180 Endicott Street, Danvers, MA 01923, offering excellent visibility and accessibility. The property is categorized as a retail strip center, ideal for a variety of retail uses. Given the significant vacant space, this presents a rare opportunity to establish a strong presence in a desirable Danvers location. Interested parties are encouraged to inquire about lease terms and availability. The property's size and layout offer considerable potential for a diverse range of retail concepts. The location within Essex County provides access to a substantial customer base.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1979
Construction STEEL FRAME
Total area 50,168 SF
Lot 12.2 ac (531,432 SF)
Zoning code C3
APN DANV M:063 L:011 P:
UPID US38-1229352
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
  • Advance Auto Parts Auto Parts Store
  • McDonald's Restaurant Take-out & Catering
  • Revere Tanning Salon Tanning Salon
  • Anthony Seymour, OD Physician
  • UPS Access Point location Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.51M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.53M
Blend (final) Blend
$2.02M
Owner & transaction history
Mscisz T Anna · 15 yrs held
Mscisz T Anna
since 2010
1 recorded transaction
2010
Price N/A
Zoning & alternative use
C3 · Danvers, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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