Leasing Or Buying Retail Sites in Ashland: A Great Idea!

Situated near Ashland State Park, this community of well over 16,000 today supplies an appealing retailing marketplace for many business ventures. It stands just a short three-mile drive southwest of the large community of Framingham, Massachusetts (a city with a population rapidly approaching 70,000). Boston lies roughly 25 roadway miles northeast of this Middlesex County town.

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Retail Space

Businesses search for retail properties in this location for many reasons. First, the local population supports many types of storefronts. Some enterprises also attract customers from surrounding areas, notably Framingham. Second, with its location adjoining a state park, the community offers a great place for specialized retail businesses serving campers, boaters, and other outdoor enthusiasts. Third, some retailers benefit from the presence of Framingham State College just a short drive away. Students attending the educational institution sometimes purchase goods and services within this community.

Some Neighborhoods Here

This enclave covers an area of nearly 13 square miles. The Town Center Neighborhood along Main Street and important cross-streets (including Front Street, Summer Street, Homer Avenue, and Central Street) provide storefronts of interest to many retailers. This locale furnishes a well-developed city infrastructure. As an older section of the community, it includes a variety of commercial buildings of different sizes.

Additionally, during recent years development has also occurred in other sections of the town. Road 126 leading into Framingham crosses near the Workmans Circle Camp Neighborhood. Some retailers have chosen to situate storefronts along frontage and access roadways in this location. These establishments benefit from traffic heading to (and from) the Framingham area. Additionally, retail sites in this locale frequently enjoy ample parking space. Retailers also obtain advantages from satellite firms in the vicinity which help generate additional patronage.

Leasing Ashland Retail Space

Has your company considered looking for retail property to lease in this municipality? Leasing offers a way for many businesses to enjoy the advantages of great locations without making significant investments in realty. By choosing to rent commercial premises, a retailer may establish a visible presence in the community and begin developing a customer base. Depending upon the nature of the business, a tenant does not necessarily commit itself indefinitely to the site; many retailers eventually move to other locations, while still retaining loyal customers.

Another advantage of leasing commercial realty involves a significantly reduced risk of losses from natural disasters. For instance, if a winter storm occurs and causes extensive property damage within the area, the realty owner (and not the tenant) typically assumes the responsibility for repairing and restoring a leased building. While the tenant may need to replace damaged inventory, refurbishing a leaky roof, broken water pipes, or other building systems remains the landlord's obligation.

Purchasing Retail Property in This Community

In some cases, retailers decide to purchase commercial sites. Taking this step may supply some important advantages for the business. It offers the company far greater input into issues involving site improvements and modifications, for instance. If a retailer prefers to expand the size of the building, it can take this step without requiring a landlord's approval first. When a retail business chooses to significantly change an existing storefront for commercial reasons, the firm often has an easier time pursuing its objective as a realty owner.

Owning retail premises also sometimes helps a business minimize conflicts with other nearby enterprises. If the company completely controls its premises, it does not need to share some facilities, such as its dedicated parking lot space or signage, with other tenant enterprises unless it chooses to do so. Companies which rent a portion of a retail site must sometimes operate in close proximity to other tenant businesses, and (barring a non-compete clause in the lease, if any) the firm may have little input into the types of retail establishments sharing some of its facilities.

Listing Retail Space For Lease or Sale

Boston City Properties offers valuable services for retailers seeking to lease or purchase real estate in this community. We also furnish assistance to sellers of retail properties. Consider contacting us if you have contemplated listing a retail lot or a building here for lease or for sale.

In this vibrant commercial marketplace, a prospective property seller often faces challenging decisions. Obtaining input from knowledgeable realty experts usually helps retailers market commercial properties more effectively and profitably. Contact us for skilled, experienced real estate services!

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Retail Space