Location
Orchard Square Plaza is located on Route 110 in Westford, just off 495. Nearby amenities include Market Basket, British Beer Company, Burton’s Grill, Residence Inn, Chipotle, Five Guys, Marshalls, Bank of America, Panera, and the 99 Restaurant.
Westford was recently named by Money Magazine as the #11 “Best Place to Live in America”. Although the town may appear to be a quiet, suburban community, there is nothing inactive about this town.
Westford islocated in the I-495 Technology Corridor, along many high tech and other companies, including Red Hat, Juniper Networks, Sonus, Netscout Systems, Puma, Alcatel-Lucent, UTC Aerospace Systems, Cynosure, Mack Technologies, Emerson Hospital, Lowell General Hospital/Circle Health, and St. Jude Medical. Several other local businesses–Kimball Farm, Nashoba Valley Ski Area, Nabnasset Lake Country Club, and Butterbrook Golf Club–provide exceptional recreational opportunities
Westford, with an approximate population of 22,000, was incorporated on September 23, 1729. It is located to the west of Lowell and north of Concord, several miles from the New Hampshire border. Its beauty with rolling hills, lakes, and apple orchards marks its uniqueness. Originally, Westford was noted for its farms and woolen mills. Today however, Westford is mostly a bedroom community with an emphasis on high tech. The average household income is approximately $135,000.
The property includes 18,160 square feet of restaurant, retail and bank space. The restaurant has been leased to Craft Brewers Exchange and a portion of the retail space has been leased to iloveKickboxing of Westford. The remaining 7,583 square feet of retail is sub dividable and ready for build out. The free-standing bank space of 3,200 square feet is also available.
The proximity to Boston (35 miles) and the convenience to Route 495, Route 3, and the MBTA Commuter Rail System at the Littleton train station offers opportunities to attract talented employees from the Cambridge/ Boston area. Westford was recently designated as an Economic Target Area by the state, which enables new and existing businesses to apply for tax incentives when relocating or expanding in the town.
This is an excellent opportunity for a variety of both national and local retail uses which will benefit from the proximity of the site to the area’s major national retailers as well as Orchard Square’s anchor restaurant tenant, Craft Brewers Exchange and iloveKickboxing.
Location Highlights
Westford is located in northeastern Massachusetts in Middlesex County,
approximately 35 miles northwest of Boston, just south of the New Hampshire border.
• Total Area: 31.33 sq. miles
• Population (2010 Census): 21,951
• Labor Force (August 2013): 12,171
• Unemployment (August 2013): 5.2%
• Residential Tax Rate (FY2014): $16.60
• Commercial Tax Rate (FY2014): $16.83*
• Median family income: $139,397
• Job growth % (2010-2012): 4.06%
• Median home price (FY2014): $424,150
Orchard Square
- Parking Spaces .................................... Ample
- Space Available .................................... 18,160
- Lots Size ......................................... 89,734 SF
- Subdivisible Smallest SF ................. 3,000 SF
- Rent/SF/Year ................................ Negotiable
- Property Type ............................... Retail Plaza
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