Technical
Financial
Distress signals
Property profile

660 Merrill Rd Pittsfield, MA 01201

FOR LEASE
Super regional malls
Property ID
US38-0355236
79,095 SF 14.89 ac lot Built 1985
Individually Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity presents 2,458 square feet of vacant space within a thriving 79,397 square foot neighborhood shopping center located at 660 Merrill Road in Pittsfield, Massachusetts. Situated at the heavily trafficked intersection of Routes 9 and 8 and Merrill Road, this center enjoys unparalleled visibility and accessibility. The property boasts a strong anchor tenant, Stop & Shop, a leading New England grocery store, and is complemented by other established businesses such as Five Guys, Pizza Hut, AAA, and TD Bank. The strategic location benefits from proximity to major retailers including Walmart, Starbucks, Target, Dick's Sporting Goods, Dollar Tree, Staples, and Michaels. Further enhancing its appeal is a cross easement with an adjacent 120,000 square foot shopping center housing HomeGoods, Petco, Planet Fitness, TJ Maxx, and Harbor Freight Tools. Built in 1985, the center offers ample parking with 580 spaces, catering to the needs of both tenants and customers. The property sits on a 15-acre lot and is zoned C, providing flexibility for a variety of retail and service-oriented businesses. This prime location and established tenant mix make this a compelling investment opportunity. The available space is ideal for businesses seeking high visibility and convenient access within a bustling commercial area.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1985
Construction STEEL FRAME
Total area 79,095 SF
Lot 14.89 ac (648,608 SF)
Zoning code IG
APN PITT M:L13 B:0002 L:006
UPID US38-0355236

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
  • Take-out & Catering
  • Pharmacy
  • Grocery & Convenience Store Food Market
  • Insurance Agency
  • Restaurant Take-out & Catering

Location

660 Merrill Rd Pittsfield, MA 01201
Pittsfield metro Census 935200 PITTSFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

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
$9.94M

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2007
Price N/A

Zoning & alternative use

IG · Pittsfield, MA

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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