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Shops at the Pond | Marlborough, MA 728 Donald Lynch Blvd 104,125 SF 100% Leased Retail Building Marlborough, MA 01752 For Sale
Investment Highlights
- 104,125 SF, 100% leased neighborhood center anchored by Best Buy
- Pure Hockey is the #2 location in the state and top 85% of chain
- Top 74% community shopping centers; 35-min avg customer stay; 74.8% of visitors are Massachusetts residents; 205,940 people within 15 minutes
- ?Investment-grade Olive Garden (BBB / Baa2) occupies a separately parceled freestanding ground lease outparcel
- Directly benefits from the New England Sports Center (largest privately owned ice sports facility in North America) — 1.5M+ visitors/year
- I-290/I-495 interchange — I-290 (80,079 VPD) and I-495 (95,142 VPD); situated directly in front of Solomon Pond Mall
Executive Summary
Atlantic Capital Partners has been exclusively engaged to market for sale Shops at the Pond, a neighborhood shopping center ideally positioned in Marlborough, Massachusetts.? The asset, anchored by Best Buy and complemented by DSW, Pure Hockey, Dollar Tree, and Olive Garden, is one of the most desirable neighborhood centers in the Marlborough submarket given the property’s exceptional visibility, access, and market co-tenancy.?
The 16.03-acre site is ideally positioned along Donald Lynch Boulevard, one of the dominant retail corridors in the market and I-290 which sees 80,079 vehicles per day.? As a fully leased neighborhood center in one of the strongest retail markets in Greater Boston’s MetroWest region, the Shops at the Pond serves a regional trade area with an average household income of $151,005 within a 5-mile radius.?
This institutional offering is being marketed free-and-clear of existing debt without a formal asking price subject to a Call for Offers structure.?
The 16.03-acre site is ideally positioned along Donald Lynch Boulevard, one of the dominant retail corridors in the market and I-290 which sees 80,079 vehicles per day.? As a fully leased neighborhood center in one of the strongest retail markets in Greater Boston’s MetroWest region, the Shops at the Pond serves a regional trade area with an average household income of $151,005 within a 5-mile radius.?
This institutional offering is being marketed free-and-clear of existing debt without a formal asking price subject to a Call for Offers structure.?
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
104,125 SF
Building Class
B
Year Built
2004
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
5.58 AC
Zoning
LI, Marlborough - Limited Industrial (with Donald Lynch Boulevard District Overlay)
Parking
571 Spaces (5.48 Spaces per 1,000 SF Leased)
Frontage
1,000’ on Donald J Lynch Blvd
Amenities
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | MARL-000050-000007B | Improvements Assessment | $10,988,300 |
| Land Assessment | $3,760,200 | Total Assessment | $14,748,500 |
Property Taxes
Parcel Number
MARL-000050-000007B
Land Assessment
$3,760,200
Improvements Assessment
$10,988,300
Total Assessment
$14,748,500
Contacts
-
Justin Smith -
Chris Peterson -
Danielle Turpin -
Matt Ericson -
Matt Austin -
Atlantic Capital Partners
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Shops at the Pond | Marlborough, MA | 728 Donald Lynch Blvd
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