- For Lease $32.00/SF/YR
- Property Type Retail
- Units 0
- Lot Size 2.35 Acre
- Property Tenancy Multi-Tenant
- Date Updated Apr 24, 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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6,950sf High Traffic Retail on Route 114, Danvers |
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.
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Contacts
Location
Getting Around
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Walk Score ®
50/100
Car-Dependent
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Bike Score ®
40/100
Somewhat Bikeable
- City Danvers, MA
- Neighborhood Danvers
- Zip Code 01923
- Market Boston
Points of Interest
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Beverly Depot
4.21 miles
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Salem
4.23 miles
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Lynn
6.53 miles
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Reading
7.52 miles
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Anderson RTC
9.42 miles
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Oak Grove
9.74 miles
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Wonderland
9.92 miles
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Sunoco
0.12 miles
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Gulf
0.26 miles
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Costco Gasoline
0.58 miles
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Speedway
0.95 miles
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BP
1.33 miles
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Shell
1.50 miles
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Mobil
1.51 miles
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Gulf
1.57 miles
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Sunoco
1.68 miles
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Mobil
1.71 miles
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The Home Depot
0.76 miles
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Comfort Inn North Shore
1.10 miles
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School Parking Lot
2.54 miles
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Parking Garage
4.02 miles
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Crombie Street Lot
4.28 miles
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Ninety Nine
4.35 miles
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Church St Lot
4.36 miles
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Church St Meter Lot
4.39 miles
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Public Parking
4.45 miles
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Public Parking
4.52 miles
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Danvers Pizza
0.07 miles
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McDonald's
0.07 miles
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Olive Garden
0.15 miles
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Honey Dew Donuts
0.21 miles
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Dunkin' Donuts
0.46 miles
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TGI Friday's
0.57 miles
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The Hardcover Restaurant
0.57 miles
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Brutole
0.60 miles
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Chili's
0.64 miles
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Tokyo Steakhouse
0.73 miles
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Walmart
0.11 miles
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Burlington
0.61 miles
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Trader Joe's
0.71 miles
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TJ Maxx
0.75 miles
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Ann & Hope Curtain & Bath Outlet
0.79 miles
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Big Lots
0.79 miles
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McKinnon's Market & Super Butcher Shop
1.07 miles
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Kohl's
1.34 miles
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Marshalls
1.36 miles
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Macy's
1.39 miles
Frequently Asked Questions
How much does retail space at 120 Andover Street cost?
The asking price for retail space at 120 Andover Street is $32.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.
What kind of retail space can I rent at 120 Andover Street?
The property has 6,950 square feet of rentable Retail space. Rental opportunities here are available under NNN Lease lease terms.
The building accommodates a Multi-Tenant lease setup. Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.
How many parking spots are available at 120 Andover Street?
Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 120 Andover Street. You can find 2 fuel station(s) within a 0.5-mile radius.
Are there any potentially competing retail businesses in the area?
Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 120 Andover Street.
Is 120 Andover Street located in a popular area for retail businesses?
The property is part of Danvers.
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