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Worcester, MA 500 Grafton Street

$8,499,025
500 Grafton Street
Cap Rate 6.29%
Building Size CVS 13,537 SF | TD 1,455 SF | Wholly Cannoli 1,460 SF | Total GLA 16,452 SF
Land Area 1.79 AC
Status Active
Property Highlights

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of 500 Grafton Street, Worcester, MA. The property is a 1.79-acre site featuring three (3) freestanding single tenant buildings totaling 16,452 SF. The buildings are currently occupied by CVS, TD Bank, and Wholly Cannoli, a well-known local bakery and café, and all three tenants have long operating histories at the property.

  • Percentage Rent & Reported Sales – Sustained, high-performing store with annual sales far in excess of $20M
  • Excellent Site Position – Large contiguous parcel in dense trade area
  • Dominant Retail Asset in Worcester – Supplied constrained retail market
  • CVS’ 40 Year History – 24 hour CVS store, 80% of Total Revenue, Ranked Top 5% Store in the country (Placer.ai)
  • TD Bank Deposits – $130M in 2022
  • Worcester MSA – 205,918 Population