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    FOR LEASE
    Super regional malls

    91 Middlesex Tpke, Burlington, MA 01803

    28,905 SF 2.29 ac lot Built 1992
    Individually Owned 29-yr Hold ~ Est. High Equity
    Property ID
    US38-0548534
    Property summary
    AI-generated overview

    This exceptional retail space, located at 91 Middlesex Turnpike in Burlington, Massachusetts, offers 1,255 square feet of versatile commercial space currently available for lease. The property is situated in Middlesex County, zip code 01803, and boasts a prime location with excellent visibility and accessibility. The building itself is a multi-tenant property, providing a vibrant and collaborative environment. The ample parking available to tenants and their customers is a significant advantage, with a total of 271 parking spaces readily accessible. This presents a unique opportunity for businesses seeking a well-located, spacious retail space in a thriving community. The entire 1,255 square feet is currently vacant, allowing for complete customization to suit the needs of a new tenant. The property's classification is retail commercial, making it ideal for a wide range of businesses. Its location in Burlington, MA offers easy access to major transportation routes and a strong customer base. The property is ready for immediate occupancy, providing a seamless transition for businesses looking to establish or expand their operations. Interested parties are encouraged to inquire further to explore this exciting leasing opportunity. The property's address is 91 Middlesex Turnpike, Burlington, MA 01803.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Year built 1992
    Construction STEEL FRAME
    Total area 28,905 SF
    Lot 2.29 ac (99,752 SF)
    Zoning code BG
    APN BURL M:000045 P:000029
    UPID US38-0548534
    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
    • T-Mobile Mobile Phone Store Electronics & Wireless Store
    • Sichuan Gourmet Burlington Restaurant
    • Blaze Pizza Restaurant
    • Golf Galaxy Golf Course (Bike/Boat/Book/etc) Store
    • The Vitamin Shoppe (Bike/Boat/Book/etc) Store Pharmacy
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $5.81M
    Owner & transaction history
    Burlington Exec Ctr · 29 yrs held
    Burlington Exec Ctr
    since 1997
    6 recorded transactions
    2011
    1997
    $14,664
    1992
    $300.0M
    1992
    1990
    $550,000
    1988
    Zoning & alternative use
    BG · Burlington, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $8.4M +4.8%
    Auto repair, garage $8.1M +1.6%
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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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