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Fitchburg, MA John Fitch Plaza

432 John Fitch Hwy
Lease Type Multi-Tenant
Property Type Retail
Building Size 186,809 SF
Land Area 25.59 Acres
Status Active
Property Highlights

Atlantic Capital Partners, in conjunction with RI Marketplace, has been exclusively engaged to market for sale John Fitch Plaza, a community shopping center located northwest of downtown Boston in the community of Fitchburg, Massachusetts.

Value-Add Shopping Center
Privately owned-and-operated 186,809 square foot shopping center ideally situated in the densely populated community of Fitchburg, Massachusetts.

Well Positioned Asset
Situated along John Fitch Highway (16,935 VPD), the dominant retail corridor servicing the local community, just minutes from Fitchburg State University (6,800 students).

Immediate Upside
Featuring a current occupancy of 79%, John Fitch Plaza affords future ownership the ability to drive NOI via a programmatic leasing initiative.

Strong Local Demographics
Located 39.5 miles northwest of downtown Boston, the asset features three-mile population counts of approximately 52,231 people with an average household income of $78,224.

Exceptional Outparcel Tenancy
Of the eight, six separate traffic generating outparcels contribute over 40% of the current total revenue and provide the ability to further improve the going in basis through by selling off the components of the offering.

Offered For Sale Via RI MARKETPLACE
Located 39.5 miles northwest of downtown Boston, the asset features three-mile population counts of approximately 52,231 people with an average household income of $78,224.