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    FOR LEASE
    Commercial real estate

    199 Boston Rd, Billerica, MA 01862

    13.23 ac lot
    Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US38-1558294
    Property summary
    AI-generated overview

    Treble Cove Plaza, located at 199 Boston Rd in Billerica, MA (Middlesex County, zip code 01862), offers a prime retail opportunity within a well-established shopping center. This multi-tenant property boasts a total of 121,814 square feet of retail space. Currently, there is 19,174 square feet of vacant space available, divisible into units as small as 2,400 square feet, with a maximum contiguous space of 12,774 square feet. The property provides ample parking for customers and tenants with 475 spaces available. The property's location in Billerica, Massachusetts offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The available space presents a unique chance to establish or expand a retail presence in a thriving community. Interested parties should inquire about the specific configurations and lease terms for the available spaces. The property is classified as a shopping center and is situated in Middlesex County. This is a multi-tenant property with significant potential for growth and success. The address is easily accessible and well-suited for high foot traffic.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 13.23 ac (576,268 SF)
    APN BILL M:0022 B:0011 L:1
    UPID US38-1558294
    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
    • 7 Nana Japanese Steakhouse Restaurant
    • Starbucks Cafe & Coffee Shop
    • Golden Nails Nail Salon
    • Hanscom Federal Credit Union Credit Union
    • Treble Cove Plaza Shopping Center & Mall
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Dudley Trading Assoc Nt · 6 yrs held
    Dudley Trading Assoc Nt
    since 2020
    6 recorded transactions
    2020
    2014
    1992
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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