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20 Commercial Rd
Leominster, MA 01453

$7,695,000 USD

Storefront Retail Office For Sale  •  20,279 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 20,279 SF
  • Lot Size 2.02 AC
  • Building Class B
  • Year Built 1993
  • Tenancy Multiple
  • Zoning commercial
31 Transit Score
54 Walk Score

Highlights

90% OCCUPIED SERVICE-ORIENTED PLAZA PROVIDES STABLE, INTERNET-PROOF TENANCY
ANCHORED BY CORPORATE TENANT WITH 13+ YEARS OF REMAINING LEASE TERM AND 10% RENT INCREASES EVERY 5 YEARS
OTHER TENANT LEASES FEATURE ANNUAL 2%-3% RENT INCREASES
ADJACENT TO MAJOR COMMUTER ROUTE THAT SEES MORE THAN 63,000 VPD
PART OF THE LARGEST RETAIL DEVELOPMENT IN THE AREA, WHICH IS HOME TO MORE THAN 1 MILLION SF OF NATIONAL AND REGIONAL RETAIL TENANTS
ALL LEASES ARE NNN WITH LIMITED LANDLORD RESPONSIBILITIES

Amenities

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Drive Thru
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
North Leominster (Fitchburg/South Acton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 5 min 14 min 0.7 mi
Fitchburg (Fitchburg/South Acton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 14 min - 7.9 mi
AirportDriveWalkDistance
Worcester Regional 37 min - 26.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 70
Type: Surface
Included in Rent: Yes
Adam Cohen 310-387-7042 Marcus & Millichap
Adam Cohen 310-387-7042 Marcus & Millichap