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New 7-11 Could Open in Dockside Restaurant Building

The convenience store will be on the corner of Commercial and Medford Streets.

Update: Business Development Officer Kevin Duffy said the deal would still require Planning Board approval and that residents still have "ample time to comment on the project."

 

Original Post: Note: The following was submitted by Combined Properties. 

Combined Properties, Inc. is pleased to announce that it has entered into a lease agreement with 7-Eleven Inc., North America’s oldest and largest convenience store operator.

The convenience store will occupy 3,207 square feet of the 8,546 square foot building on the corner of Commercial and Medford Streets, next to Dockside Restaurant at Riverview, in Malden.

7-Eleven, a first class retail company with nearly 10,000 stores in North America, has built its success by offering first class services in a clean, professional environment with stringent quality controls in place. The company, which has more outlets than any other retail or service provider, has been looking to expand in Malden and after careful analysis has selected this Combined Properties location to open its new store.

This new 7-Eleven will greatly enhance the convenience options in the area, which are currently limited.

“Local workers in the immediate vicinity such as Comcast, Mystic Valley Elder Services, The Malden Evening News, Hopwood Globe, the DPW, and Paradigm Precision will greatly benefit from this convenience,” said Greg Regazzini, vice president and director of leasing for Combined Properties.

“Likewise, local residents will be able to stop by in the morning before work or have a great option during evening hours and on weekends that is within a safe and walkable distance from their homes.”

Local businesses have also expressed support of 7-Eleven moving into the property. Owners of the neighboring Dockside Restaurant support 7-Eleven in the new space, which is directly adjacent to them, as they believe it will boost Dockside’s business. “Increased activity in the neighborhood will help existing businesses succeed in the area,” said Regazzini.

Combined Properties has invested significant marketing efforts and hundreds of thousands of dollars in façade improvements to the property, which has been vacant since 2008 when a Brookline bank branch moved out of the space.
Combined Properties and 7-Eleven are in the process of requesting a special permit to operate a convenience store in an Industrial zone and also have requested an extended hours license.

Greg Regazzini, vice president and director of leasing for Combined Properties, represented the landlord in this transaction.

fivekids5 January 16, 2013 at 12:10 PM
Dollar Stores, Dunkin Donuts and convenience stores that is what Malden is.
jirkyrick January 16, 2013 at 12:31 PM
when does the dollar store open next to that. "Owners of the neighboring Dockside Restaurant support 7-Eleven in the new space, which is directly adjacent to them, as they believe it will boost Dockside’s business". Really, a 7-11 will boost dockside business? how about serving good food, that may increase your business too
Diana January 16, 2013 at 12:50 PM
If the aim is to increase their business, you'd think they'd welcome the medical marijuana dispensary.
jessica January 16, 2013 at 03:47 PM
There already is a 7 11 nit far from where this us going. Also it's a 7 11 how is that a draw to anything?
Gene Pinkham January 16, 2013 at 03:58 PM
Lousy location. Lousy intersection. More traffic is not needed.
david mokal January 16, 2013 at 04:06 PM
Well Jirky its like this, 7-11's allways get robbed so now there is a 2 for one special they can rob both..lol
david mokal January 16, 2013 at 04:10 PM
Accidents galore! Bad enough as it is.
AppleBottom02148 January 16, 2013 at 04:18 PM
Bad idea that is not a business that will attract anything other than problems. The planning board would be insane to allow such a business. We have a 7-11 and you know the problems at one point it had over there on Salem St. We don't need Dollar Stores either. We need local business how about a coffee shop eith wifi and a nice place to meet and enjoy coffee with friends. How about a nice book store for children and young adults. What about opening a kids gym and do kids yoga, kids cardio, gymnastics etc. A Barnes & Nobel would be awesome.
AppleBottom02148 January 16, 2013 at 04:21 PM
I would love to see a year round farmers market an indoor fresh fruit and veggie place to shop. Promote and help us with the high produce prices of S&S
Michael Victor January 16, 2013 at 04:22 PM
This is actually seems like a a good idea for the business owner. Where do all those residents in those apartments go now for quick convenience? Not getting on Route 16 so this would be the first convenience store they would go by.
Meggle January 16, 2013 at 05:42 PM
It does seem that there is not much along Rivers Edge Dr in terms of business for the apartments/companies there to go to easily. I drive past that location every day and can see how it would attract a lot of quick stops -- there isn't really anything that is easy to get to between there and wellington circle, which is a nightmare unto itself. I think the only other business is Rosebud farms which closes early.
Meggle January 16, 2013 at 05:45 PM
None of those are going to universally attract business from both residents and employees of nearby businesses, though. A coffee shop would be a good idea, but on that same road there is already a food retail space for rent, so it may better fit in that location.
Andrew25 January 16, 2013 at 06:11 PM
Does anyone know if Malden has a "uniform storefront" policy in place? Seems it would help with the poor looks of the city. I can see the normal 7-11 sign going up and my property value heading further down.
Matthew January 16, 2013 at 08:15 PM
Aren't those apartments on that road after the Rosebud and the City Yard in Medford?? So let Medofrd build them something useless on their side of the city line. Besides. The people that live there that need a convenience store can't take a left onto Medford St and go to the stores on Highlnd Ave? Seriously. How long is this city going to allow Combined Properties to dictate what we do with the land in this city?
whatsup January 17, 2013 at 06:44 PM
Nooooooooooooooooooooooooooooooooooooooooooooooooooo.........................not again. No more 7 11 or dunkin dounuts or dollar shore or meth rehab.
Kevin January 18, 2013 at 01:57 PM
I miss the Registry of Motor Vehicles being there.

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