425 Walnut St Lynnfield, MA 01940
For Lease
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This exceptional mixed-use property at 425 Walnut Street in Lynnfield, Massachusetts, offers a significant opportunity for retail and restaurant businesses. Boasting a total of 244,372 square feet on a generous 5.61-acre lot, this multi-tenant building presents a compelling investment prospect. Currently, there is 58,783 square feet of vacant space available for lease, providing immediate potential for expansion or new tenancy. The property's prime location in Essex County, with its easy access to major transportation routes, ensures high visibility and substantial foot traffic. The building's classification as mixed-use allows for a diverse range of commercial ventures, catering to a broad customer base. The substantial lot size offers ample parking and potential for future development. This property is ideally suited for businesses seeking a prominent presence in a thriving Lynnfield community. The existing infrastructure and substantial square footage provide a solid foundation for immediate occupancy and long-term growth. The available space presents a unique opportunity to establish a strong foothold in a desirable market. Interested parties are encouraged to inquire about lease terms and available space configurations. The zip code for this property is 01940.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RB · Lynnfield, MACosts & 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.