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92-104 Prospect St
Milford, MA 01757

Hill Plaza · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Building Size
20,000 SF
Building Class
B
Year Built
2000
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
2.20 AC
Zoning
Commercial
Parking
60 Spaces (2.79 Spaces per 1,000 SF Leased)
Frontage
187 FT on Prospect Hts

About 92-104 Prospect St , Milford, MA 01757

Marcus & Millichap is pleased to exclusively offer for sale the Hill Plaza in Milford, MA. This offering is a seven tenant retail center anchored by Rite Aid that is located at 92 – 104 Prospect Street in Milford. The tenant mix is a blend of national, regional and local tenants, some of whom have been at the property for more than 40 years. The Rite Aid at this location is exceptionally strong, with nearly 2,000 prescriptions per week and store sales that far outpace Rite Aid’s average per location. The property is located on Route 140, a Massachusetts state highway that runs from the southeast part of the state through central Massachusetts, ending near the New Hampshire border. The site sees traffic counts in excess of 15,000 vehicles per day, and is surrounded by a mix of other retail properties, including a Bank of America, UniBank, Shaw’s Supermarket and Walgreens, as well as a number of office buildings, Medical facilities, the Milford District Court, and the Milford Regional Medical Center, a full-service, 145-bed, acute-care facility with over 300 primary care and specialty physicians on the medical staff. Milford is a suburban town in Worcester County, less than 20 miles from Worcester, and 40 miles from downtown Boston, making it a commutable distance from either city. There are more than 64,000 residents within a five-mile radius of the properties, and the area boasts an affluent population, with an average annual household income of greater than $118,000 within five miles of the site.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
MILF-000049-000000-000058
Land Assessment
$772,500
Improvements Assessment
$1,940,000
Total Assessment
$2,712,500
  • Listing ID: 9962842

  • Date on Market: 11/13/2017

  • Last Updated:

  • Address: 92-104 Prospect St, Milford, MA 01757

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