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259 Essex St Saugus, MA 01906

Prime Essex Street restaurant, drive-thru potential.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 3,200 square foot restaurant building in Saugus, Massachusetts presents a rare opportunity. Located at 259 Essex Street, this single-tenancy property boasts a highly visible pad site with direct sightlines from Route 1, ensuring maximum exposure to the substantial daily traffic volume exceeding 120,000 vehicles. Its strategic location offers convenient access from both the northbound and southbound lanes of Route 1, maximizing accessibility for customers. The property is a second-generation restaurant space, presenting the potential for a drive-thru addition, further enhancing its operational capabilities. This location benefits from its proximity to the Square One Mall, a significant retail center anchored by major brands such as Dick's Sporting Goods, Best Buy, Macy's, and T.J. Maxx, drawing a large customer base. The property sits within a super regional trade area encompassing over 470,000 people, boasting an average household income of $114,350 within a five-mile radius, indicating strong consumer spending power. A proposed new pylon sign will further increase visibility and brand recognition. Situated in Essex County, this property offers a compelling investment opportunity in a high-traffic, densely populated area with strong retail synergy. The property's address is 259 Essex Street, Saugus, MA 01906.

Highlights

  • 3,200 SF restaurant building with drive-thru potential.
  • High-visibility pad site on Route 1 in Saugus, MA, with over 120,000 vehicles daily.
  • Second-generation restaurant space with excellent access from Route 1.
  • Strong retail synergy near Square One Mall (Dick's, Best Buy, Macy's, T.J. Maxx).
  • Located in a densely populated area with a 5-mile radius average household income of $114,350.
  • Proposed pylon sign for increased visibility.

Property Details for 259 Essex St

Property type
Restaurants
RSF (Rentable sq. ft)
3,200 SF

Unit(s) available at that property

Space
Space Available
Size
3,200 SF

Location Insight

City
Saugus
County
Essex
State
Massachusetts
Latitude
42.4582905
Longitude
-71.0229633

FAQs

What type of property is this?
Restaurant - Prime Essex Street restaurant, drive-thru potential.
Where is the restaurant located?
The property is located at 259 Essex St Saugus, MA.
What are key features of this property?
This property features: 3,200 SF restaurant building with drive-thru potential.; High-visibility pad site on Route 1 in Saugus, MA, with over 120,000 vehicles daily.; Second-generation restaurant space with excellent access from Route 1.
How can I contact the broker?
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259 Essex St
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