2-6 Enon Street, Beverly, MA
ARC acquired Dodge Crossing in Q3 of 2022. This asset is a 7-tenant retail plaza constructed in 1973 and renovated in 2021. The Property consists of a two-floor retail building with 21,350 square feet on a 1.30-acre parcel of land. The renovations at the property included an updated façade, a new roof and renovated parking lot. The site also features a drive-up ATM for Citizens Bank.
Dodge Crossing is strategically located at the signalized intersection of Enon Street and Dodge Street. The Property enjoys outstanding visibility and frontage with two points of access, and is situated across the street from the North Beverly MBTA Commuter Train Station. The property also offers convenient access to the Yankee Division Highway (MA Route 128), a major commuter route to Boston, and the primary artery connecting commuters to Interstate 95. Approximately 24,500 vehicles per day pass the Property at the intersection of Enon Street and Dodge Street.
Over 60,900 people live within 3 miles of the property with an average household income of approximately $124,232. More than 141,000 people live within 5 miles of the Property and there are more than 91,000 employees within 5 miles of the Property. The trade area includes Whole Foods, Stop & Shop, Shaw’s, CVS, The Paper Store, Aubuchon Hardware, Dollar Tree, T-Mobile, Bertucci’s, Chipotle, Panera, McDonald’s, Starbucks, Dunkin’, and Speedway.