319 LOWELL ST.  

Andover, MA 


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NEW RESTAURANT/CAFÉ SPACE

For Lease


UTILITIES:

Water: Town of Andover
Gas: Columbia Gas
Electric: National Grid


 

PROPERTY HIGHLIGHTS:

ASKING LEASE RATE: $37 per square foot NNN

PARKING: 261 Spaces Structured Parking Garage

YEAR BUILT: Under Construction (2018)

LANDLORD: Lupoli Companies

AVAILABLE SPACE: 1,740 SF

 

Shares the same access road with over 400 units of luxury residential apartments

Immediate Highway Access off I-93

Attached covered garage with abundant parking for patrons

Great opportunity for a restaurant/café concept to capture untapped demand from the neighborhood

Directly across the street from the IRS with over 2,000 employees, 

Andover Medical Center with 300 employees and 1/4 of a mile from Raytheon with over
4,000 employees

 

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TRADE AREA DEMOGRAPHIC

1 Mile:

Population: 3,550
Households: 1,220
Average HH Income: $171,303

3 Mile:

Population: 43,984
Households: 16,045
Average HH Income: $126,802

5 Mile:

Population: 179,262
Households: 63,479
Average HH Income: $95,295