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Shopping Strip

50 Whalon Street

50 Whalon St, Fitchburg, MA 01420

Listing Price: $3,050,000

Cap Rate
8.00%
Gross SF
8,487
Rentable SF
8,487
Price/Gross SF
$359.37
Lot Size
0.62 acres
Year Built
2017

Investment Overview

Marcus & Millichap is pleased to present this retail shopping strip located at 50 Whalon Street, Fitchburg, Massachusetts. The property was constructed in 2017 and is comprised of 8,487 square feet situated on 0.62 acres of land.

This retail shopping strip is 100 percent occupied by Simply Pediatric Dentistry & Orthodontics,
Green Meadows Dispensary and First Class Hair Design. All the tenants operate under a triple-net
lease structure with increases and attractive renewal options. At Simply Pediatric Dentistry & Orthodontics, they make it easier than ever for Fitchburg’s most precious smiles to stay happy and healthy! They are a true one-stop shop, having a dedicated team of both pediatric dentists as well as orthodontists on staff. That means, whether your child is ready for their first appointment or it’s time for them to get braces, they will always have exactly what they need through their doors.

In 1928, George S. Patton and his wife Beatrice established Green Meadows, a picturesque horse farm
in Hamilton, Massachusetts, gracing Boston’s North Shore. This serene haven became the birthplace
of a legacy deeply rooted in sustainable and organic farming. Decades later, George Patton IV, a
highly decorated major general, returned to Green Meadows in 1980, ushering in a new era. Today,
this tradition continues their indoor organic cultivation facility in Southbridge, Massachusetts. They are proud to carry forward the legacy, providing their community with the finest, organically grown cannabis.

First Class Hair Design started as a small independent salon and has now grown into a full-service
salon and spa. They have found experienced beauty professionals to create an unstoppable team of
incredibly hard-working stylists and technicians. They are proud to offer the best of the best quality work provided by knowledgeable and talented service providers.

This retail strip center is situated amongst other retailers in the area such as Great Clips, Cricket Wireless, Fidelity Bank, Outback Steakhouse, and Verizon to name a few serving Central Mass. The nearest bus stop to subject property is located at Twin City Plaza near the Burger King, approximately a 5-minute walk away. This stop is served by the Montachusett Regional Transit Authority (MART) Route 3, which operates in the Fitchburg area.

Located near Leominster/Fitchburg line and close to Route 2 on off ramp. The nearest Interstate 90 junction (in Auburn, MA) is approximately (27.2 miles). Fitchburg, Massachusetts, is located near Interstate 190 (I-190), which connects to Interstate 290 (I-290) and further to Interstate 495 (I-495). These interstates provide access to other major routes and cities in Massachusetts.

Investment Highlights

  • Tenancy – Simply Pediatric Dentistry and Orthodontics, First Class Hair Design, Green Meadows Cannabis Fitchburg Dispensary
  • Fully Leased with WALT of 7.33 Years
  • Two of the Three Tenants Recently Exercised Their Five-Year Renewal Options Three Years Early (as of April 2025)
  • All Tenants Funded Their own Suite Buildouts at Significant Costs
  • True Triple-Net (NNN) Leases with all Expenses Including CAM, HVAC, Roof/Structure, and Management Fee are Reimbursed by the Tenants in Place
  • Submarket Vacancy Rate of just 3.5 Percent

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s) MA: 1000485

    Massachusetts

Financing By

Shopping Strip

50 Whalon Street

Listing Price: $3,050,000

Cap Rate
8.00%
Gross SF
8,487
Rentable SF
8,487
Price/Gross SF
$359.37
Lot Size
0.62 acres
Year Built
2017

Investment Highlights

  • Tenancy – Simply Pediatric Dentistry and Orthodontics, First Class Hair Design, Green Meadows Cannabis Fitchburg Dispensary
  • Fully Leased with WALT of 7.33 Years
  • Two of the Three Tenants Recently Exercised Their Five-Year Renewal Options Three Years Early (as of April 2025)
  • All Tenants Funded Their own Suite Buildouts at Significant Costs
  • True Triple-Net (NNN) Leases with all Expenses Including CAM, HVAC, Roof/Structure, and Management Fee are Reimbursed by the Tenants in Place
  • Submarket Vacancy Rate of just 3.5 Percent

Investment Overview

Marcus & Millichap is pleased to present this retail shopping strip located at 50 Whalon Street, Fitchburg, Massachusetts. The property was constructed in 2017 and is comprised of 8,487 square feet situated on 0.62 acres of land. This retail shopping strip is 100 percent occupied by Simply Pediatric Dentistry & Orthodontics, Green Meadows Dispensary and First Class Hair Design. All the tenants operate under a triple-net lease structure with increases and attractive renewal options. At Simply Pediatric Dentistry & Orthodontics, they make it easier than ever for Fitchburg’s most precious smiles to stay happy and healthy! They are a true one-stop shop, having a dedicated team of both pediatric dentists as well as orthodontists on staff. That means, whether your child is ready for their first appointment or it’s time for them to get braces, they will always have exactly what they need through their doors. In 1928, George S. Patton and his wife Beatrice established Green Meadows, a picturesque horse farm in Hamilton, Massachusetts, gracing Boston’s North Shore. This serene haven became the birthplace of a legacy deeply rooted in sustainable and organic farming. Decades later, George Patton IV, a highly decorated major general, returned to Green Meadows in 1980, ushering in a new era. Today, this tradition continues their indoor organic cultivation facility in Southbridge, Massachusetts. They are proud to carry forward the legacy, providing their community with the finest, organically grown cannabis. First Class Hair Design started as a small independent salon and has now grown into a full-service salon and spa. They have found experienced beauty professionals to create an unstoppable team of incredibly hard-working stylists and technicians. They are proud to offer the best of the best quality work provided by knowledgeable and talented service providers. This retail strip center is situated amongst other retailers in the area such as Great Clips, Cricket Wireless, Fidelity Bank, Outback Steakhouse, and Verizon to name a few serving Central Mass. The nearest bus stop to subject property is located at Twin City Plaza near the Burger King, approximately a 5-minute walk away. This stop is served by the Montachusett Regional Transit Authority (MART) Route 3, which operates in the Fitchburg area. Located near Leominster/Fitchburg line and close to Route 2 on off ramp. The nearest Interstate 90 junction (in Auburn, MA) is approximately (27.2 miles). Fitchburg, Massachusetts, is located near Interstate 190 (I-190), which connects to Interstate 290 (I-290) and further to Interstate 495 (I-495). These interstates provide access to other major routes and cities in Massachusetts.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s): MA: 1000485

    Massachusetts

Financing By

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