297 Boston Post Rd
Wayland, MA 01778
Fresh Market (Dark & Paying) High NOI Retail · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- ±32,000-square-foot value-add retail center on a 3.29-acre business-zoned lot, anchored by Fresh Market (dark but paying) with a lease through 2033.
- 82% leased, the property offers investors significant upside potential through additional leasing or a full redevelopment
- Strong visibility with over 20,800 VPD on Route 20 and is well-connected to major highways, including Route 126, Route 27, and I-90 and I-95
- Just 20 minutes from Boston, Wayland Village is strategically positioned along Route 20 with access points via Pelham Island Road.
- Located within a vibrant shopping hub, Wayland Village is surrounded by key retailers, including CVS, Stop & Shop, AceHardware, and a postal office.
- With a growing population and a median household income of $168,479 within a 5-mile radius, Wayland offers significant purchasing power.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Building Size
31,653 SF
Building Class
C
Year Built
1961
Percent Leased
82%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.22
Lot Size
3.29 AC
Zoning
BB - Business B
Parking
160 Spaces (5.05 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | WAYL-000023-000000-000012 | Improvements Assessment | $3,088,400 |
| Land Assessment | $2,078,400 | Total Assessment | $5,166,800 |
