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50 Independence Way
Danvers, MA 01923 Danvers MA

$21,500,000 USD

Department Store For Sale  •  150,776 SF

Property Details

  • Property Type Department Store
  • Total Building Size 100,434 SF
  • Lot Size 4.91 AC
  • Building Class B
  • Year Built 2001
  • Tenancy Single
  • Zoning C3
20 Transit Score
60 Walk Score

Highlights

Absolute Triple Net Lease with No Landlord Responsibilities
Located Within Liberty Tree Mall Retail District
Institutional-Quality National Anchor
Trophy Retail Corridor with High-Volume Traffic & Strong Demographics
Proven Operating History with Recent Lease Extension
Proximity to Northshore Mall

Amenities

  • Dedicated Turn Lane
  • Food Court
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • On-Site Security Staff

Public Transportation

Commuter RailDriveWalkDistance
Salem (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 12 min - 4.3 mi
North Beverly (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 9 min - 4.3 mi
AirportDriveWalkDistance
General Edward Lawrence Logan International 33 min - 19.2 mi
Manchester Boston Regional 72 min - 49.1 mi
Josh Kanter 617-865-1145 Surmount
Josh Kanter 617-865-1145 Surmount