239 Boston Tpke - Freestanding FOR SALE


Shrewsbury, MA 01545- Route 9 Corridor
$3,250,000 USD
508-769-5007
239 Boston Tpke, Shrewsbury, MA for Sale
$3,250,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

239 Boston Tpke
Shrewsbury, MA 01545
Route 9 Corridor


HIGHLIGHTS

  • 11,901+/- square feet on 1.08+/- acres of land
  • Proven High Density National Quality Retail Location
  • Highly Visible Property
  • Long Term Stable Tenant Base
  • High-Quality Construction
  • Strong Area Demographics

OVERVIEW

NAI Glickman, Kovago & Jacobs is pleased to exclusively offer this premier triple-net (NNN) investment property on Route 9 in Shrewsbury, Massachusetts. Located in Greater Worcester's premier retail corridor, the property features two fully leased units occupied by long-term tenants: Fresenius Medical Care (since 1991) and Fit Equipment (since 2009). Both NNN leases include annual rent increases and provide stable, predictable cash flow with minimal landlord responsibilities. Positioned along high-traffic Route 9, the property offers excellent visibility and easy access from both directions. It is located less than 500 feet from Lakeway Commons, a 100,000-square-foot retail center anchored by Whole Foods Market, Starbucks, Burton's Grill & Bar, and other national retailers, further enhancing its long-term investment appeal. 39-243 Boston Turnpike sits on Route 9 in Shrewsbury, the primary retail corridor linking Worcester to the MetroWest market. The property is positioned near the Worcester line and Lake Quinsigamond, within an established retail node anchored by White City Shopping Center and a Trader Joe's-anchored center with Total Wine and Chipotle. National and regional tenants line both directions of travel, drawing steady daily exposure to the site.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$273 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

I

APN/PARCEL ID

SHRE-000032-000000-116000

ASK ABOUT THIS PROPERTY

Jim GlickmanNAI Glickman Kovago & JacobsMore Info
508-769-5007

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Jim GlickmanNAI Glickman Kovago & JacobsMore Info
508-769-5007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.