120 Andover St 6,950 SF of Retail Space Available in Danvers, MA 01923

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 3
  • 6,950 SF
  • Negotiable
  • $44.29 CAD/SF/YR
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

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 44,000 VPD. 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.

  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor, Ste 3 6,950 SF Negotiable $44.29 CAD/SF/YR Triple Net (NNN)

1st Floor, Ste 3

Size
6,950 SF
Term
Negotiable
Rental Rate
$44.29 CAD/SF/YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

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 44,000 VPD. 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.

  • Lease rate does not include utilities, property expenses or building services

PROPERTY FACTS

Total Space Available 6,950 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 34,130 SF
Year Built/Renovated 1954/1995
Parking Ratio 3.44/1,000 SF

ABOUT THE PROPERTY

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.

  • Pylon Sign
  • Signalized Intersection
  • Air Conditioning

ATTACHMENTS

Unit 3

NEARBY MAJOR RETAILERS

Title Boxing Club Danvers
Olive Garden
Eastern Bank
Outback Steakhouse
Trader Joe's
Planet Fitness
Fit4Mom
Friendly's
Rockland Trust Company
Get In Shape For Women
  • Listing ID: 33599166

  • Date on Market: 2024-10-22

  • Last Updated:

  • Address: 120 Andover St, Danvers, MA 01923