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You are here:
Home Massachusetts Danvers Commercial Properties for Sale

120 Andover St, Unit 3 Danvers, MA 01923

128 Days on Boston Pads
19 Photos
$32/sqft
Type: Commercial
Triple Net Lease (NNN)
6950 Bldg. SQFT
2 Restroom
Parking: N/A
120 Andover St, Unit 3
Danvers, MA 01923

Property Description

High-profile 6950sf retail space directly on Andover Street, (Route 114), just off I-95. Large open floorplan with 12'-14' wall height, warehouse with loading dock, individual offices & two ADA restrooms. This is one of the most active retail corridors in the North Shore, and demographics & location are superb, average daily traffic in excess of 40,000 VPD. The property is surrounded by a who's who of high-quality retail businesses. 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 estimated at $4psf. 5-year step-up lease with multiple 5-year options. Space is delivered as a vanilla box, with interior modifications at the tenant's expense. Available spring of 2023.

Property Overview

Property Details click or tap to expand

Property Information

  • Type: Commercial
  • Location: Legal Conforming
  • MLS ID#: 73188622

Building Information

  • Total SQFT: 6950
  • Total Restrooms: 2

Construction & Utilities

  • Utilities: 110 Volts, Natural Gas, Public Sewer, Public Water

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
04/12/2024Active$32$0MLSPIN
12/21/2023New$32$0MLSPIN
12/15/2023Expired$32$0MLSPIN
01/16/2023Active$32$0MLSPIN
01/12/2023New$32$0MLSPIN

Seller's Representative: Faulkner Commercial Group, Keller Williams Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.25 1-5
Facilitator Compensation: 2.0 1-5
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-04-12 10:20:00