3100sf High Traffic Retail on Route 114, Danvers

120 Andover Street, Danvers, MA 01923

About

Fantastic 3100sf retail space directly on Andover Street, (Route 114), just off I-95. Large open floorplan with 12’ to 14’ wall height, a 400sf warehouse with loading dock, two individual offices in the front & two ADA restrooms.

This is one of the most active retail corridors in the North Shore, and demographics & location are superb, with average daily traffic in excess of 40,000 VPD. 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. NNN expenses are currently $5psf.

The landlord is offering one-month free rent for tenant fit-up, will refresh the main entrance & a 5-year lease with multiple 5-year options. The property is surrounded by a who’s who of high-quality retail businesses. The landlord will refresh the front entrance, if the tenant wants modifications the landlord will share the cost. The space is delivered as a vanilla box, with interior modifications at the tenant’s expense.

  • 40,000+ Vehicles Per Day
  • Major Retail Corridor
  • Open Retail Space with Loading Dock
  • Excellent Signage on Street, Front & Rear
  • NEW High-Efficiency HVAC with MERV 13 Filtration
  • High-Quality Retail Neighbors

Suite Available

Location

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Listing courtesy of Janet Faulkner, janet@faulknercommercial.com, Faulkner Commercial Group

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