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 44,000 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.
This listing has been viewed 72 times in the past 65 days
Last Updated: October 23rd, 2024 at 4:44am
No
General Information for 120 Andover St, Danvers, Massachusetts 01923
Property TypeCommercial Lease
Price$32
MLS #73304099
List Date2024-10-18
StateMassachusetts
Street NameAndover St
Unit
CityDanvers
Zip Code01923
CountyEssex
MLS Status
Heat Zones
Sold Date
Building Area Total6950
Building Area Units0
Close Date
Close Price$0
Listing Service
UnparsedAddress120 Andover St, Danvers MA 01923
Zoning
Zoning DescriptionLegal Conforming
Business TypeCommercial
Interior Features for 120 Andover St, Danvers, Massachusetts 01923
* Approx. Living Area Total6,950 sq ft
MLS Area (Major)
OffMarketDate
Exterior Features for 120 Andover St, Danvers, Massachusetts 01923
* Parking Spaces110
* Year Built1954
Year Built Details
Year Built Source
Construction MaterialsNo
Approx. Street Frontage
Utilities
Disclosures for 120 Andover St, Danvers, Massachusetts 01923
Buyer Agent Compensation
Contingency
Disclosures
Documents AvailableNo
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSURE
Lead PaintUnknown
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 120 Andover St, Danvers, Massachusetts 01923
Real Estate Tax$0
Existing Lease TypeNNN
OriginalListPrice$32
Lifestyle Information for 120 Andover St, Danvers, Massachusetts 01923
Frontage Type
Location information for 120 Andover St, Danvers, Massachusetts 01923
Marketing History for 120 Andover St, Danvers, Massachusetts 01923
MLSPIN_MARKET_TIME_BROKER
MLSPIN_MARKET_TIME_PROPERTY
PurchaseContractDate
Agent Information for 120 Andover St, Danvers, Massachusetts 01923