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Shaw's Plaza Hanover Outparcel 35 Columbia Rd 8,600 SF of Retail Space Available in Hanover, MA 02339
Highlights
- Anchored by Shaw's, a subsidiary of Albertsons
- Located in Hanover, Massachusetts with a population exceeding 66,000 in a five-mile radius with an average household income greater than $169,900
- The center is located on Columbia Road which benefits from over 15,700 vehicles per day
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste DEV1 | 8,600 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste DEV1
Saw's Plaza outparcel BTS opportunity.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Space is in Excellent Condition
- Anchored by Shaw's
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Shaw's Plaza Hanover Outparcel
- Shaw's Supermarket
Property Facts
| Total Space Available | 8,600 SF | Total Land Area | 1.35 AC |
| Property Type | Retail | Construction Status | Proposed |
| Gross Leasable Area | 8,600 SF |
| Total Space Available | 8,600 SF |
| Property Type | Retail |
| Gross Leasable Area | 8,600 SF |
| Total Land Area | 1.35 AC |
| Construction Status | Proposed |
About the Property
Highly visible outparcel development opportunity at Shaw’s Plaza in Hanover, Massachusetts, positioned along Columbia Road with direct frontage and strong commuter exposure. The site offers build-to-suit or ground lease flexibility and benefits from adjacency to a grocery-anchored shopping center serving an established South Shore trade area. Shaw’s Plaza is anchored by Shaw’s Supermarkets, providing consistent daily traffic and strong neighborhood draw. The outparcel is strategically located at the front of the center, offering excellent visibility, shared access, and proximity to daily-needs retail, and is well suited for QSR, coffee, medical, financial, or service-oriented users, including drive-thru or pad configurations, subject to approvals. Columbia Road carries 15,700+ vehicles per day, delivering steady commuter flow and repeat exposure. The surrounding area features favorable population trends and attractive household incomes, supporting long-term demand for convenience-oriented and essential retail uses. Shaw’s Plaza benefits from strong access, clear sightlines, and a stable tenant base, making this outparcel a compelling opportunity for users seeking visibility within a grocery-anchored retail environment.
Nearby Major Retailers
Presented by
Shaw's Plaza Hanover Outparcel | 35 Columbia Rd
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