145 Great RdActon, MA 01720
- Commercial real estate
- 10.34 AC
Property Details for 145 Great Rd
- Lot size
- 10.34 AC
- Property type
- Commercial real estate
- APN
- ACTO M:00F4 B:0037 L:0000
- APU
- ACTOM00F4B0037L0000
Description
This exceptional Class A retail center, Brookside Shops, boasts 75,529 square feet of space in two single-story buildings, constructed in 2002 and featuring a newly paved parking lot (2023). Located on Great Road (Route 2A) in Acton, MA (zip code 01720), this property enjoys a highly visible location with a traffic count exceeding 17,000 vehicles daily. Its strategic position, just 1.5 miles from Route 2 (36,900+ VPD), provides easy access to Interstates 95 and 495. The center is anchored by Trader Joe's and includes other high-quality tenants such as Staples, Talbots, J. Jill, Chico's, X-Golf, and KJ Cafe. Multiple end-cap spaces are available, ranging from a minimum of 2,815 square feet to a maximum contiguous space of 3,058 square feet. This presents a unique opportunity for restaurant and retail users seeking to tap into an affluent market. The surrounding area, encompassing Acton, Concord, and Carlisle, boasts an average household income exceeding $176,000 within a 5-mile radius. The property benefits from a signalized intersection, ensuring high visibility and convenient access. Limited retail competition and long-term tenant occupancy further enhance its appeal. This is a rare opportunity to acquire a well-established, high-performing retail center in a prime location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $85,235,192
- Hospitality
- $78,074,976
- Educational
- $64,957,464
- Medical
- $67,191,448
- Retail
- $101,044,944
Location Insight
- City
- Acton
- County
- Middlesex
- State
- Massachusetts
- Latitude
- 42.4833
- Longitude
- -71.4147
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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