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Lease up to 6,500 sq. ft. (sub-dividable from 1,450 sq. ft.) retail/restaurant/office/medical apace in a new mixed-use project being developed on Canal St. in Salem. The five (5) building Planned Urban Development will be known as University Square, and features retail and office space, plus 49 apartment units. The landscaped site will include ample adjacent parking. Join existing tenants, STARBUCKS NOW OPEN! Family Dollar, O'Reilly Auto Parts, Paradise Dental, and others. The site is opposite Crosby's Marketplace and across from a newly renovated McDonald's. University Square is in close proximity to Salem Hospital and the Salem CBD, and a short walk to SSU, which has approx. 7,500 students and faculty members. University Square abuts a new recreation trail. Stated base rent is reflective of tenant leasing the entire 6,500 sq. ft. Triple Net charges are estimated at $6.50-$7.00 per sq. ft. Utilities are separately metered.

Property Details of 136 Canal Street

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Listed by David Hark and Mark Shapiro of The Drumlin Group Inc.

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