Granite Park Marketplace
200 Fortune Boulevard
JLL Retail Capital Markets is pleased to present Granite Park, a ±102,000 square foot shopping center in Milford, Massachusetts. The property is shadow-anchored by Target and occupied by a strong roster of national retailers including Bed Bath & Beyond, Petco, Best Buy, Staples and TGI Friday’s. The property is ideally located adjacent to Interstate 495 which allows the property to draw shoppers from a truly regional trade area. Granite Park is 95% occupied with ±5,000 square feet of existing vacancy on a pad site providing investors with immediate upside. Granite Park will appeal to investors seeking stable, long term cash flow with upside potential from a well located property.
• 95% leased to national credit tenants: Bed Bath & Beyond, Petco, Best Buy and Staples • Excellent location adjacent to Interstate 495 near its busy intersection with State Route 85 (Cedar Street) • Target shadow-anchor draws shoppers to the property from a regional trade area • Immediate upside through leasing ±5,000 square feet of existing vacancy • Excellent demographics with over 77,000 people living within a 5-mile radius generating over $123,000 in average household income