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