Exciting New Leasing Opportunites Available at Milford Square

138-140 South Main Street Milford, MA 01757

138-140 South Main Street, Milford, MA, 01757
Milford Square
138-140 South Main Street, Milford, MA, 01757 138-140 South Main Street, Milford, MA, 01757 138-140 South Main Street, Milford, MA, 01757 138-140 South Main Street, Milford, MA, 01757 138-140 South Main Street, Milford, MA, 01757 138-140 South Main Street, Milford, MA, 01757 138-140 South Main Street, Milford, MA, 01757 138-140 South Main Street, Milford, MA, 01757
FOR LEASE
Property Type:
Strip Center
Amount:
Please Call Broker for Price

Last Verified:
Mar 27, 2024

Highlights

  • Impressive parking ratio of over 6.8 spaces per 1,000 SF.
  • Over 21,000 employees work within a 3 mile radius of the site.
  • The property consists of four single-story retail buildings totaling 50,025 SF.
  • Existing tenants in the center include: Homefield Credit Union, Honey Dew Donuts, AT&T, The Garden Restaurant, ConnectEd & Inspired and more.
  • Traffic Counts between 12,500 - 13,700 ADT - Projected approximately 1% growth per year, due to the increase in commercial activity, zoning changes and its proximity to medical facilities and new major commercial centers.
  • Neighboring companies and retailers include: Amazon, CVS, Planet Fitness, day care centers, medical offices and facilities (Milford Regional Medical Center and the Dana Farber/Brigham & Women's Cancer Center), banks and more.

Description

Exciting new opportunities available at Milford Square. Spaces available from 1,200± SF to 10,000± SF that can accommodate a variety of uses including: retail, education, recreational, medical, office, flex and more!

Milford Square is prominently situated on Route 140 (South Main Street), and is located 1 mile south of the commercial center of Milford. The property consists of four single-story retail buildings totaling 50,025 SF. The center is also approximately 4 miles from Route 495 (Exit 46 or Exit 48).

Milford, MA is a suburb of Boston, MA located 27 miles SW of Boston, MA. The town is conveniently located inside the Boston Greater Metropolitan Area also known as Metrowest/495 due to its location on Route 495.

The town boasts over 8 million square feet of retail, R&D, industrial and office space. Additional major state vehicular routes 85, 109, 140, and 16 cross the town. With a small-town feel, but close proximity to major cities (Worcester, Boston and Providence), large retail and commercial resources, and a major regional hospital, Milford boasts a great place to live and work.


Year Built: 1988
Building Size: 50205sq ft
Lot Size: 7.86 acres


Documents

Milford Square Leasing Brochure

Units for Lease

Unit 1A
Space Available: 3556 SF
Lease Type: NNN
Unit 1B
Space Available: 5300 SF
Lease Type: NNN
Unit 4
Space Available: 4000 SF
Lease Type: NNN

Map of 138-140 South Main Street, Milford, MA, 01757

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What are Real Estate Incentives?

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.