Shopping Center For Sale: Village Mall Shopping Center

Shopping Center for Sale
Sale Pending/Contingent
Also listed as Retail-Commercial
Catylist Listing ID: 30732641
Property Subtypes: Community Center, Neighborhood Center, Strip Center
Status: Pending/Contingent
Building Size (RSF): 92,550 SF
Gross Building Area: See Agent
Sale Price: $13,500,000
Unit Price: $145.87 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: Village Mall
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2021

Overview / Comments

The Village Mall is a 92,646 +/- sf shopping center located within a heavily traveled retail corridor in the community of Methuen, MA. The center is anchored by a diverse tenant mix including Jo- Ann Fabrics, Workout World, Dollar Tree and Ellie’s Farmhouse Restaurant. Adjacent to the Texas Roadhouse Restaurant, the property boasts excellent visibility and access with a fully lighted intersection that sees over 50,000 vehicles per day. Centrally located at the intersection of Routes 28, 93 and 213, the shopping center borders Salem, New Hampshire’s primary shopping area. Village Mall is neighbor to the Mall at Rockingham Park, the new Tuscan Village Development, Lowe’s, Home Depot, Market Basket, Best Buy, Target and a variety of other top tier retailers.

Please call 781.862.9700 x 3 with questions.

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Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Essex
Tax ID/APN: 610-123-47A
Zoning: BH
Property Visibility: Excellent
Lot Frontage: 561 ft.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,557 121,605 202,352
Median Age: 36.42 35 36.92
Households: 3,795 42,482 73,412


Photograph of Listing Agent

Gabrielle O'Brien

Summit Realty Partners
NECPE Member
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