Leasing Or Buying Retail Sites in Billerica: A Great Idea!
This municipality situated a short distance southeast of the large City of Lowell, Massachusetts appeals to a growing number of retailers. Why should you search for a choice site here for a retail business? Just consider some excellent reasons to open a storefront in this location:
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First, this community of nearly 7,000 people lies very close to both Lowell and the growing cities of Chelmsford and Burlington. Despite the community's comaparatively small population size, retailers draw upon a potentially large local marketplace when they conduct retail operations in this part of Northern Massachusetts. Many companies will appreciate the ability reach customers from surrounding areas.
Second, the town straddles Road 3A, a thoroughfare which eventually joins Route 3. The highway leads into Cambridge and other locations within the Greater Boston Metropolitan Area. The ability to obtain frontage along 3A appeals to some businesses which depend upon proximity to motorists. Additionally, this type of direct access may offer some logistical advantages for retailers who receive frequent inventory shipments through the Port of Boston.
The Neighborhood Here
Within this municipality and the adjoining community of North Billerica, frontage along centrally located Road 3A and intersecting Road 129 (Salem Road) potentially holds appeal for retailers. This historic community offers a number of primarily residential districts, a benefit for companies seeking housing for their employees within the immediate vicinity.
When they locate retail facilities along these prominent roadways, property owners gain visibility within the community. Signage placed in these locations will come to the attention of large numbers of motorists. Additionally, retailers benefit from the presence of convenient access to the Greater Boston Area via roadways linking to Road 3A. Some commuting consumers may stop here to shop.
Leasing Billerica Retail Space
Today this small yet growing community provides a great market for businesses seeking retail properties for lease. The decision to rent space allows enterprises to test the success of their business model within an area without requiring a permanent, long term commitment of resources. The company eventually may decide to relocate to other available sites if a commercial location does not meet the retailer's expectations.
Boston City Properties serves as a valuable information resource for businesses seeking to lease commercial sites in this town. If you share your objectives for your commercial location with us, we may help you expedite your hunt for a great retail rental property. We specialize in realty located with the Greater Boston Metropolitan Area and its environs. Our extensive business contacts in this region enable us to maintain a large database of potential sites.
Purchasing Retail Property in This Community
Some retailers prefer to purchase commercial realty outright, rather than enter into lease agreements for space. This strategy may allow a business to acquire a potentially lucrative asset. By buying property, an enterprise enjoys an opportunity to exercise extensive control over site modifications and improvements.
For example, a purchaser may decide to expand a building to increase retail display footage, or to eliminate landscaping in order to double the size of a paved parking lot. Commercial landlords sometimes hesitate to grant approval for significant (and costly) real estate modifications. Owning the premises gives a retail firm far greater latitude to implement the improvements the company desires. Interior design and decorative alterations and realty improvements may all contribute to a distinctive retail image in a unique, memorable way.
Listing Retail Space For Lease or Sale
If you own commercial property in this town and you've contemplated offering it for sale, you'll find it helpful to contact Boston City Properties. We offer a variety of real estate services of possible interest to realty sellers, investors, and prospective purchasers. We endeavor to assist sellers seeking to list retail locations for lease or for sale.
The sale of a retail location usually involves extensive site preparations. In some cases, a seller invests in preliminary studies to determine the feasibility of a specific site for commercial use. Measuring the flow of traffic through the region and checking to determine the presence or absence of environmental issues which might constrain construction in the future may prove exceedingly time consuming. Additionally, prospective purchasers often require assurance their unique business activities will conform with site zoning and land use requirements. Rely on Boston City Properties to help you promote your commercial real estate more effectively to businesses considering entering this dynamic regional market!
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Retail Space