Tips for Your Retail Space in North Andover, MA
North Andover is a town in Massachusetts and a part of the county of Essex. It has some bodies of water running through it, but dry land is still considerably dominant. It does lie on the southern part of the Merrimack River, and its northeast quadrant is mainly made up of the Lake Cochichewick.
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Other towns surround the area, including Haverhill, Boxford, Lawrence, and Middleton. This place is only 25 miles north of the capital city Boston and is 30 miles from Manchester, a town in New Hampshire. It has one of the best locations for businesses since many of its communities are heavy on both vehicular and foot traffic.
The town has a small portion of the I-495 crossing through it along with Lawrence. It lies along the Salem Turnpike or Massachusetts Route 114 and Routes 125 and 133 serve the area.
Leasing and Buying a Property in This Town
If you are planning to have your shop in the area, one of the neighborhoods that you may be interested in is Turnpike Street. Retail centers are situated in this area, just because it is a great location. You will find spaces here that are zoned for general businesses, so you do not have to worry about whether or not the property suits your transactions
.You will also see that the buildings here have expansive acreages. Some areas have at least 24,000 square feet that you can lease. Although there is minimal transit here, you do not have to worry about the volume of your possible patrons. In fact, it is a very walkable area, so you know that your customers can reach your site without delay, even if they are on foot.
Some rental rates may not be disclosed, but you will often discover that these commercial units have negotiable lease terms and some are even available right away. You do not have to wait for another company to move out of the property so that you can start with your dealings right away.
In the mentioned area, you will find a variety of other stores, ranging from service providers to top brands of retailers. The street is indeed in an excellent position, mainly because it is just close to the intersection of Route 125. The place is also right across from the Merrimac College.
Although the rates here vary depending on the type of the property, along with the building class, most of them range from $5 per square foot per year to $35 per square foot per year. Other neighborhoods that you can search for a property for your retail store are High Street, Osgood Street, Sutton Street, and Charles Street, which all have the ideal spot for businesses.
If you find it difficult to choose the right space for your company, the first thing you may want to do is to determine the temperature of the business community. The collaboration of the founders of other companies in the area should not be underestimated. Some parts of the town have a critical mass of entrepreneurs, and they can help your own business to thrive. You may also want to be in a place that has a competitive landscape, but it may not be helpful if you are just starting out.
You may only have a few employees today, or perhaps it is still just you. However, your business is poised to grow in this community. You will, therefore, need to consider the available amenities in this area. The good news is that the neighborhoods are most attractive to employers merely because they have facilities that can aid both established and new businesses.
In North Andover, there is a right balance in the live-work-play aspect, which is one of the most significant things you should look for in a location. You surely want to be in a place that will attract talents whom you can hire for your enterprise.
Listing Your Commercial Unit
In today’s world, you want to make sure that people can see your available property for sale or lease. You have some fierce competition in this town. However, you can beat them all if you list your unit online. We can help you out so that your place can be appealing to potential brands looking for a site for their shop.
If you need assistance in reaching out to the right people or company, we can assist you. This way, you can choose the occupant that will lease or buy the property that you have, and you can start earning.
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Retail Space