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Flagship Retail Opportunity 201 Alewife Brook Pky 3,500 - 10,000 SF of Retail Space Available in Cambridge, MA 02138
Highlights
- Prominent Pylon and Building Signage
- Excellent Visibility corner location
- Flagship retail space available for the first time in over 30 years
- Located at Signalized Intersection
- Shadow Anchored by Trader Joe’s & CVS
- Surrounded by major retailers including Whole Foods, PetSmart, TJ Maxx, and HomeGoods
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 2nd Floor | 6,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
» Flagship Retail Space Available for the First Time in 32 Years » Available for Lease - 10,000 SF (3,500 SF First Floor / 6,500 SF Second Floor)
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Can be combined with additional space(s) for up to 10,000 SF of adjacent space
2nd Floor
» Flagship Retail Space Available for the First Time in 32 Years » Available for Lease - 10,000 SF (3,500 SF First Floor / 6,500 SF Second Floor)
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Can be combined with additional space(s) for up to 10,000 SF of adjacent space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Flagship Retail Opportunity
- Tenant
- Description
- US Locations
- Reach
- Bon Me Lic
- Fast-food
- 11
- Local
- Circle Furniture-Cambridge
- Furniture/Mattress
- 13
- Local
- Dunkin'
- Donut Shop
- 10,842
- International
| Tenant | Description | US Locations | Reach |
| Bon Me Lic | Fast-food | 11 | Local |
| Circle Furniture-Cambridge | Furniture/Mattress | 13 | Local |
| Dunkin' | Donut Shop | 10,842 | International |
Property Facts
| Total Space Available | 10,000 SF | Gross Leasable Area | 14,220 SF |
| Property Type | Retail | Year Built | 1956 |
| Property Subtype | Freestanding |
| Total Space Available | 10,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 14,220 SF |
| Year Built | 1956 |
About the Property
» Flagship Retail Space Available for the First Time in 32 Years » Available for Lease - 10,000 SF (3,500 SF First Floor / 6,500 SF Second Floor) » Available for Sale - 13,040 SF Multi-Tenant Building Featuring Long Term Leases with Dunkin’ and Bon Me » Prominent Pylon and Building Signage » Located at Signalized Intersection » Excellent Visibility » 26,438 ADT (2020) » Shadow Anchored by Trader Joe’s & CVS » Area Retailers Include Whole Foods, PetSmart, TJX, HomeGoods, etc. **FOR MORE INFORMATION CONTACT** ANDREW BONICA (abonica@easternretail.com) SAM PETERSON (speterson@easternretail.com) 199 Alewife Brook Parkway is a prominent retail property located at the convergence of Routes 2, 3, and 16 in Cambridge, MA, directly adjacent to the Alewife Station area. The approximately 13,040 SF building sits on a 0.47-acre parcel and features multiple points of frontage, strong signage opportunities, and excellent accessibility. The asset includes established food-and-beverage tenants with long-term leases, while the remaining space offers a rare chance to secure flagship retail square footage in a high-income, dense urban trade area. The property benefits from consistent daily traffic, immediate access to major roadways and public transit, and proximity to leading neighborhood centers and mixed-use developments.
Nearby Major Retailers
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Flagship Retail Opportunity | 201 Alewife Brook Pky
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