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120 Andover St, Unit 3, Danvers

$32/sqft/yr

120 Andover Street, Danvers, MA 01923

Active
Last Updated: 01/12/2023

33,914 sqft

Building Size

2.35 acres

Lot Area

Details:
Building Size:    33,914 sqft
Lot Area:    2.35 acres
Year Built:    1954
Floors:    1
Parking Spots:    110
Description:

High-profile 6950sf retail space directly on Andover Street, (Route 114), just off I-95. Large open floorplan with 12'-14' wall height, warehouse with loading dock, individual offices & two ADA restrooms. This is one of the most active retail corridors in the North Shore, and demographics & location are superb, average daily traffic in excess of 40,000 VPD. The property is surrounded by a who's who of high-quality retail businesses.

Large lighted pylon sign at the signalized entrance, excellent signage on the front of the building & 110 shared free parking spaces in the front and rear of the property. The HVAC system has been upgraded to provide more fresh air with higher filter efficiency, resulting in high-quality filtration & lower cost. The fire alarm has also been upgraded.

NNN expenses are estimated at $4psf. 5-year step-up lease with multiple 5-year options. Space is delivered as a vanilla box, with interior modifications at the tenant's expense. Available spring of 2023. Prospective tenants are encouraged to perform Due Diligence in all aspects of their contemplated tenancy.

High volume retail corridor.

Map:
1 Space Available

120 Andover St, 3 Strip Center

Available:
Immediately
Sublease:
No
SQFT
6,950
Lease Type:
Gross
Documents:
Title
Brochure, Unit 3
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Location
Gallery