6,950sf High Traffic Retail on Route 114

120 Andover Street, Danvers, MA

Market Price

Price

33,914 sqft

Building Size

2.35 acres

Lot Area

Gallery
Street
Map
Overview
Building Size
33,914 sqft
Lot Area
2.35 acres
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 early fall of 2023. Prospective tenants are encouraged to perform Due Diligence in all aspects of their contemplated tenancy.


High volume retail corridor.


40,000+ Vehicles Per Day
Major Retail Corridor
Open Retail Space with Loading Dock
Excellent Signage on Street, Front & Rear
NEW High-Efficiency HVAC with improved air filtration
High-Quality Retail Neighbors

Location
Gallery