323 North Main Street, Middleton, MA 01949 For Lease

Frank Pasciuto

PRO

MA MA 80,000

Listed by Pasciuto & Associates

$18/SF/YR

6 days on market

Updated 6 days ago

323 North Main Street

Building Details

Property Type

Retail, Office (+1)

Sub Type

Medical Office, Traditional Office (+1)

Tenancy

Multiple

Lease Type

Modified Gross

Total Building SqFt

6,000

Min Divisible SqFt

1,725

Max Contiguous SqFt

6,000

Vacant SqFt

6,000

Total Parking Spaces

3.1 per 1,000 sq ft

Year Built

2003

Spaces

Drive-thru side only

Entire property with drive-thru capability

Retail | 3 spaces available | 1,725 SqFt - 6,000 SqFt

Building description

Route 114 is one of the busiest east-west corridors in Essex County and is a major connector between I-95, Route 1, North Andover, Middleton, Danvers and Peabody. Traffic congestion along the corridor is consistently one of the town's biggest concerns, demonstrating the significant traffic volume and visibility enjoyed by businesses located here.

This property has been a retail fast food location for the past 40+ years. Dunkin Donuts had the opportunity to purchase land about a half a mile away and did so about 3 years ago. Since then, it was a combination of breakfast lunch, and a convenient store.

Installed within the past 2 years are the HV/AC units. Drive through is operational and permitted, there is a walk-in combo refrigeration / freezer, hoods, and additional equipment in the unit if a new tenant wants make use of them.

There are literally thousands of new condos and apartments that have been built in the past year. This would be great for Popeye's or an Arby's, or any other brand you might own.

Building highlights

Excellent visibility, Strong traffic exposure, Existing restaurant infrastructure, Drive-thru capability, Ample on-site parking, Convenient access to I-95 and Route 1, Affluent North Shore trade area, Limited competing inventory