Sold

104-108 Belmont Street

EXCLUSIVE OFFERING: INVESTMENT OPPORTUNITY

7-ELEVEN ANCHORED STRIP CENTER

CPG is pleased to offer for sale this well established convenience oriented strip center and office property directly across from UMASS MEMORIAL MEDICAL CENTER on the Eastern edge of Worcester close to Shrewsbury. This mixed use center has been family owned and managed since inception. Center features a mix of national and local tenants who are in favorable leases and offer upside to the prospective buyer. Services rendered at the center can be considered “Essential” as they include Convenience/Grocery (7-Eleven), Banking (Bank of America ATM) and Liquor.

The property is located on Route 9 (Belmont Street) on the Eastern side of Worcester 1/2 mile from downtown Worcester (West) and 2 miles form the busy retail corridor of White City in Shrewsbury (Shaw’s, Trader Joe’s, Whole Foods, Starbucks, Panera Bread and more). Traffic counts on Route 9/ Belmont Street (21K ADT) and 1 mile from I-290 (117K ADT). The property features a large pylon sign and exposure to 7 day a week traffic.

Details

Type of Space : Retail
Purpose : Sale
Status : Sold
Size : 12720 Sq Ft
Address : 104-108 Belmont Street
State : Massachusetts
Zip Code : 01605
City : Worcester
Property ID : 791

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Jim Conviser



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Dan Backer



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