206 E Washington St
North Attleboro, MA 02760

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Lantern Plaza, a Stop & Shop anchored center located in North Attleboro, MA. This 71,297 SF asset has been 100% occupied since it was originally constructed to accommodate Stop & Shop in 1993. The property, which was originally constructed and entirely leased by Stop & Shop, currently features two tenants with the the smaller portion of the income being generated by New Shogun, a long-standing restaurant operating under a lease through February 2026. This 6,000 SF tenant, was originally a sublease by Stop & Shop, but in 2021 the landlord took over control of the space and executed a long-term lease directly with the restaurant.
Situated along Route 1 (East Washington Street), the property is ideally situated at a signalized intersection along this major corridor. Lantern Plaza also shares access with a freestanding McDonalds, which has been in occupancy since early 2000s. Positioned as the most convenient grocery option for the community, this site has served as a location for the grocer since opening in 1993. The Stop & Shop lease, which is currently in their third option, has $0.50 per SF escalation is each of their remaining extension periods.