978-762-9771
313-321 Marrett Rd, Lexington, MA for Sale
Freestanding - FOR SALE
1/18
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313-321 Marrett Rd
Lexington, MA 02421
Downtown Lexington


OVERVIEW

The Mega Group has been retained on an exclusive basis to present Marrett Square Shopping Center, a twelve (12) unit retail / commercial investment opportunity located in historic Lexington Massachusetts. Location is at the junction of Marrett Road (Route 2A) and Waltham Street, near Belmont Country Club and the City of Waltham. The subject property is 10,596 +/- square feet in size, anchored by Anton‘s Cleaners and features an array of tenancies complimentary to the area which include but not limited to Spirit of India, Eppinger Fitness, Royal Pastry, Formosa Taipei, and Boston Nails. Built in 1940, the shopping center is a beautifully manicured 24,437 +/- square foot corner parcel and is accessible by two (2) means of egress from both traffic directions and features 35 on-site parking spaces. The subject property is strategically positioned at a four-way signalized intersection, just minutes from Route 2, Route 128/95, and Trapelo Road Waltham. Lexington Lexpress is right up the street on 39 Marrett Road. Marrett Square Shopping Center is a generational asset available for immediate acquisition offered on an unpriced basis. Additional due-diligence materials are available for qualified buyers by email request or in the Private Client Network of our website. Buyers to compensate their Buyer's Agent, if applicable.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marrett Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

CN, Lexington

APN/PARCEL ID

LEXI-000032-000000-000056

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Brian DApiceThe Mega GroupMore Info
978-762-9771

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Brian DApiceThe Mega GroupMore Info
978-762-9771

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