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239 Boston Tpke 11,901 SF 100% Leased Retail Building Shrewsbury, MA 01545 $4,603,560 CAD ($386.82 CAD/SF)



Investment Highlights
- 11,901+/- square feet on 1.08+/- acres of land
- Highly Visible Property
- High-Quality Construction
- Proven High Density National Quality Retail Location
- Long Term Stable Tenant Base
- Strong Area Demographics
Executive Summary
NAI Glickman, Kovago & Jacobs is pleased to exclusively offer this premier triple-net (NNN) investment property on Route 9 in Shrewsbury, Massachusetts. Located in Greater Worcester's premier retail corridor, the property features two fully leased units occupied by long-term tenants: Fresenius Medical Care (since 1991) and Fit Equipment (since 2009). Both NNN leases include annual rent increases and provide stable, predictable cash flow with minimal landlord responsibilities. Positioned along high-traffic Route 9, the property offers excellent visibility and easy access from both directions. It is located less than 500 feet from Lakeway Commons, a 100,000-square-foot retail center anchored by Whole Foods Market, Starbucks, Burton's Grill & Bar, and other national retailers, further enhancing its long-term investment appeal.
39-243 Boston Turnpike sits on Route 9 in Shrewsbury, the primary retail corridor linking Worcester to the MetroWest market. The property is positioned near the Worcester line and Lake Quinsigamond, within an established retail node anchored by White City Shopping Center and a Trader Joe's-anchored center with Total Wine and Chipotle. National and regional tenants line both directions of travel, drawing steady daily exposure to the site.
39-243 Boston Turnpike sits on Route 9 in Shrewsbury, the primary retail corridor linking Worcester to the MetroWest market. The property is positioned near the Worcester line and Lake Quinsigamond, within an established retail node anchored by White City Shopping Center and a Trader Joe's-anchored center with Total Wine and Chipotle. National and regional tenants line both directions of travel, drawing steady daily exposure to the site.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,901 SF
Building Class
C
Year Built
1957
Price
$4,603,560 CAD
Price Per SF
$386.82 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
1.08 AC
Zoning
I
Parking
24 Spaces (3.43 Spaces per 1,000 SF Leased)
Frontage
155’ on Boston Tpke
Amenities
- Bus Line
- Pylon Sign
- Signage
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | SHRE-000032-000000-116000 | Improvements Assessment | $1,448,634 CAD |
| Land Assessment | $736,995 CAD | Total Assessment | $2,185,629 CAD |
Property Taxes
Parcel Number
SHRE-000032-000000-116000
Land Assessment
$736,995 CAD
Improvements Assessment
$1,448,634 CAD
Total Assessment
$2,185,629 CAD
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239 Boston Tpke
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