6,950sf High Traffic Retail on Route 114

For Lease

120 Andover Street, Danvers, MA 01923

You can currently find 1 retail space(s) available for lease at 6,950sf High Traffic Retail on Route 114. Designated use type for space listed here includes retail. Current retail listings at this property total 6,950 square feet. Lease type options include NNN Lease. Expand the listing and property details below for additional information on leasing opportunities at 6,950sf High Traffic Retail on Route 114.

Space Available For Lease 1

Contacts

broker

Janet Faulkner

KW Commercial | Faulkner Commercial Group

(978) 828-8944

Property Details

  • Property Type Retail
  • Units 0
  • Lot Size 2.35 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Apr 23, 2024

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.

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Getting around

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Location

  • City Danvers, MA
  • Neighborhood Danvers
  • Zip Code 01923
  • Market Boston

Points of Interest

  • Beverly Depot

    4.21 miles

  • Salem

    4.23 miles

  • Lynn

    6.53 miles

  • Reading

    7.52 miles

  • Anderson RTC

    9.42 miles

  • Oak Grove

    9.74 miles

  • Wonderland

    9.92 miles

  • Sunoco

    0.12 miles

  • Gulf

    0.26 miles

  • Costco Gasoline

    0.58 miles

  • Speedway

    0.95 miles

  • BP

    1.33 miles

  • Shell

    1.50 miles

  • Mobil

    1.51 miles

  • Gulf

    1.57 miles

  • Sunoco

    1.68 miles

  • Mobil

    1.71 miles

  • The Home Depot

    0.76 miles

  • Comfort Inn North Shore

    1.10 miles

  • School Parking Lot

    2.54 miles

  • Parking Garage

    4.02 miles

  • Crombie Street Lot

    4.28 miles

  • Ninety Nine

    4.35 miles

  • Church St Lot

    4.36 miles

  • Church St Meter Lot

    4.39 miles

  • Public Parking

    4.45 miles

  • Public Parking

    4.52 miles

  • Danvers Pizza

    0.07 miles

  • McDonald's

    0.07 miles

  • Olive Garden

    0.15 miles

  • Honey Dew Donuts

    0.21 miles

  • Dunkin' Donuts

    0.46 miles

  • TGI Friday's

    0.57 miles

  • The Hardcover Restaurant

    0.57 miles

  • Brutole

    0.60 miles

  • Chili's

    0.64 miles

  • Tokyo Steakhouse

    0.73 miles

  • Walmart

    0.11 miles

  • Burlington

    0.61 miles

  • Trader Joe's

    0.71 miles

  • TJ Maxx

    0.75 miles

  • Ann & Hope Curtain & Bath Outlet

    0.79 miles

  • Big Lots

    0.79 miles

  • McKinnon's Market & Super Butcher Shop

    1.07 miles

  • Kohl's

    1.34 miles

  • Marshalls

    1.36 miles

  • Macy's

    1.39 miles

120 Andover Street Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at 6,950sf High Traffic Retail on Route 114 asks $32.00/SF/YR per square foot.

  • The property includes 6,950 square feet of retail space for lease. Of this total, 6,950 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN Lease.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Janet Faulkner

KW Commercial | Faulkner Commercial Group

(978) 828-8944

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  2. 2Extra information