1233 Main St

Executive Summary

Retail space for lease in Webster Square, Worcester, Massachusetts. This is a 20,000 SF multi-tenant retail building, and the space on offer is 5,000 SF on the first floor facing Main Street. It went up in 1960, masonry construction, two floors, and it sits with 70 feet of frontage right on Main Street where the foot traffic is heavy. Your co-tenant is Work 'n Gear, the national apparel retailer. There are 80 parking spaces, a 4.0 ratio, so customers aren't circling the lot. The lease is triple net (NNN) at $18.00 per square foot with taxes running $1.50/SF/Year, so you know your occupancy cost going in. Zoning is BG-2, which covers retail, restaurant, service, and food service uses. The space is a vanilla box and you can carve it down for a smaller tenant or split it into a couple of units. Pylon signage out front, 24-hour access, a security system, and wheelchair accessibility are all in place. If you're after retail space for lease in Worcester with steady commuter traffic, a broad population base, and anchors already in the building, walk this one.