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Cape Ann Marketplace 127 Eastern Ave 1,918 - 18,618 SF of Retail Space Available in Gloucester, MA 01930
HIGHLIGHTS
- Heavy Traffic Area
- Shaw's and Walgreen's Tenants in Plaza
- Close to Good Harbor Beach
- Plenty of Parking
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3 | 16,700 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste R4 | 1,918 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
127 Eastern Ave - 1st Floor - Ste 3
AVAILABLE SPACE OF 16,700+/-SF RETAIL STOREFRONT ANCHOR, IS CURRENTLY BEING OPERATED BY WALGREEN PHARMACY, WHICH WILL BE VACATING 10-1-2025. THE SPACE CONSIST OF 16,700+/- SF OF RETAIL SPACE, DIRECTLY ATTACHED TO NEWLY RENOVATED, GROCERY ANCHOR, SHAWS AND THE SEABREEZE LIQUOR STORE. LOCATED IN THE FULLY OCCUPIED, ESTABLISHED CAPE ANN MARKETPLACE PLAZA ON EASTERN AVE, THE CENTER OFFERS ONE STOP SHOP, ESSENTIAL SHOPPING, WITH NOT ONLY SHAWS AND SEABREEZE LIQUORS BUT A VARIETY OF APPROXIMATELY 29 OTHER RETAIL/SERVICE TENANTS SUCH AS GLOUCESTER PIZZA AND ROAST BEEF, OCEAN OPTICAL, HARBORSIDE DENTAL, SALON 127, EASY SHIP AND PACK, POLISHED DAY SPA, NATURES DESIGN FLORIST, COOKS EARLY EDUCATION AND DAYCARE CENTER, KARATE CENTER, ARITIST, ETC. THE PLAZA HAS OVER 480 PARKING SPACES WITH THREE SEPERATE CURB CUTS, LOCATED ON THE MAIN ROADWAY OF EASTERN AVE.WHICH IS A HEAVILY TRAVELED AREA WITH HIGH TRAFFIC FLOW. MAIN SIGNAGE ON THE BUILDING AND EASTERN AVE ROADSIDE PLYON SIGN AVAILABLE FOR NEW TENANT. LOCATED CLOSE TO GOOD HARBOR BEACH, MINUTES TO ROUTE 128, DOWNTOWN GLOUCESTER, WATERFRONT AREA AND 35 MILES FROM BOSTON, AND MINUTES TO ROCKPORT.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Anchor Space
- Central Air and Heating
- Partitioned Offices
- Security System
- High Ceilings
- Drop Ceilings
- Secure Storage
- Recessed Lighting
- Emergency Lighting
- Smoke Detector
- ANCHORED BY NEWLY RENOVATED SHAWS GROCERY STORE
- 480 PARKING SPACES
- THREE CURB CUTS
- BUILDING AND MAIN ROAD SIGNAGE SPACE AVAILABLE
- HIGH TRAFFIC, MINUTES TO ROUTE 128
- 16,700 SF RETAIL SPACE AVAILABLE OCTOBER 1, 2025
127 Eastern Ave - 1st Floor - Ste R4
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT CAPE ANN MARKETPLACE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Cape Ann Market Place
- Real Estate
- 1
- Local
- Harborside Dental
- Health Care and Social Assistance
- 1
- Local
- Rite Aid
- Drug Store
- -
- National
- Seabreeze Liquors
- Liquor
- 1
- Local
- Shaw's
- Supermarket
- 149
- Regional
- Walgreens
- Drug Store
- 9,266
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Cape Ann Market Place | Real Estate | 1 | Local |
| Harborside Dental | Health Care and Social Assistance | 1 | Local |
| Rite Aid | Drug Store | - | National |
| Seabreeze Liquors | Liquor | 1 | Local |
| Shaw's | Supermarket | 149 | Regional |
| Walgreens | Drug Store | 9,266 | International |
PROPERTY FACTS
| Total Space Available | 18,618 SF | Frontage | 244’ on Eastern Ave |
| Center Type | Neighborhood Center | Gross Leasable Area | 190,786 SF |
| Parking | 480 Spaces | Total Land Area | 8.42 AC |
| Stores | 13 | Year Built | 1960 |
| Center Properties | 2 |
| Total Space Available | 18,618 SF |
| Center Type | Neighborhood Center |
| Parking | 480 Spaces |
| Stores | 13 |
| Center Properties | 2 |
| Frontage | 244’ on Eastern Ave |
| Gross Leasable Area | 190,786 SF |
| Total Land Area | 8.42 AC |
| Year Built | 1960 |
ABOUT THE PROPERTY
Retail Space Available | Prime Shopping Plaza | 127 Eastern Ave, Gloucester, MA An exceptional opportunity to lease premium retail space in a high-traffic shopping plaza anchored by Shaw’s Supermarket. Located at 127 Eastern Avenue in Gloucester, MA, this vibrant center is a hub of activity with a strong mix of national and local retail and office tenants. Property Highlights: Excellent visibility in a busy, well-maintained plaza Anchored by Shaw’s and surrounded by established businesses -High Volume Pizza Restaurant, Liquor Store, Hair and Nail Salons, Daycare, etc. Ample on-site parking for customers and staff 480+/- spaces High foot traffic and strong neighborhood demographics Close proximity to Route 128 and downtown Gloucester Just minutes from the beach – ideal for seasonal and year-round business Flexible floor plan to suit a variety of uses This location offers outstanding exposure and convenience for retailers looking to thrive in a dynamic commercial environment. Perfect for national brands, local businesses, or service providers seeking a strong coastal community presence. contact us to schedule a private tour and secure your spot in one of Gloucester’s most desirable retail destinations.
- Pylon Sign
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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Cape Ann Marketplace | 127 Eastern Ave
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