PRICE CHOPPER | $4,995,000 | 8.05% CAP
The Deltondo Group and Marcus & Millichap are pleased to present for sale Price Chopper a single-tenant property located at 29 Sunderland Road, Worcester, Massachusetts 01604.
The subject property is comprised of 46,300 square feet and was built in 1990 and remodeled in 2010. The building sits on a large 4.72 Acre lot located just off Sunderland Road which oversees 17,000± Vehicles Per Day. Best Buy has 6-years remaining with Four, 5-year option to extend the term.
Price Chopper/Market 32 and Tops Markets recently announced the closure of their merger, as proposed earlier in 2021. This creates a powerful alliance between the two storied independent
chains, nearly doubling the collective Northeastern footprint.
Our new parent company, Northeast Grocery, Inc., will oversee the operations of nearly 300 stores and 30,000 teammates and associates working under the established, independent banners – Tops Markets, Price Chopper, Market 32, and Market Bistro. This is an exciting development for our company and believe it will be very beneficial to business partners and the communities served.