Well Known Plaza & Highly Visible: 615 Post Post Road is known as Dudley Square. It is centrally located in Sudbury's business district with almost 500' of frontage.
Favorable Traffic Counts: 18,224 ADT (Boston Post Road)
Long Tenured Tenants & Historically High Occupancy Rates
Strong Demographics: The average annual household income in Sudbury is $260,883, while the median household income sits at $217,847 per year.
Description
SVN® Parsons Commercial Group - Boston is pleased to present for sale 615 Boston Post Road (Route 20) Sudbury, MA (the “Property”), a 17,745± square foot, mixed-use retail and office building. The property sits on Route 20 with almost 500' of frontage on 1.61± acres.
There are a total of 9 main units (6-retail, 3-office), 100% occupied, however, with flexible tenant terms allowing for an owner/user opportunity. There are an additional 5-storage units available for lease on the lower level.
The majority of the tenants have a long standing history at the plaza, which has been staple in the community of Sudbury, known as Dudley Square. Easily manageable suite sizes from 850± to 3,000± SF. The property also offers further upside potential through various avenues, including lease optimization to align with current market trends.
Dudley Square is located directly on Route 20 in Sudbury, MA - centrally located to all the major shopping centers in town including Meadow Walk, Sudbury Crossing and Sudbury Plaza.
615 Boston Post Road is located directly on Route 20 in Sudbury. The property is approximately 6.8 miles to/from the Massachusetts Turnpike (I-90) and 8.2 miles to/from I-495. Route 20 offers an abundant amount of retailers, restaurants, and amenities to offer, causing the property to be in a high traffic and convenient area.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
