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201 Alewife Brook Pky 14,220 SF 30% Leased Retail Building Cambridge, MA 02138 $16,416,000 CAD ($1,154.43 CAD/SF)
Investment Highlights
- Prominent Pylon and Building Signage
- Excellent Visibility » 26,438 ADT (2020) » Shadow Anchored by Trader Joe’s & CVS » Area Retailers Include Whole
- Shadow Anchored by Trader Joe’s & CVS
- Located at Signalized Intersection
- 26,438 ADT (2020)
- Area Retailers Include Whole
Executive Summary
» 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 offers a rare opportunity to acquire or lease a highly visible, infill retail asset in Cambridge, Massachusetts. The 13,040 SF multi-tenant building is strategically positioned at a signalized intersection along the Alewife Brook Parkway (Routes 2/3/16), benefitting from strong traffic counts and exceptional exposure. The property is anchored by long-term tenants Dunkin’ and Bon Me, providing stable in-place income, while also featuring approximately 10,000 SF of flagship retail space available for lease. The site is shadow-anchored by Trader Joe’s and CVS and surrounded by a dense concentration of national and regional retailers, making it a compelling investment and repositioning opportunity within one of Greater Boston’s most supply-constrained retail corridors.
» 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 offers a rare opportunity to acquire or lease a highly visible, infill retail asset in Cambridge, Massachusetts. The 13,040 SF multi-tenant building is strategically positioned at a signalized intersection along the Alewife Brook Parkway (Routes 2/3/16), benefitting from strong traffic counts and exceptional exposure. The property is anchored by long-term tenants Dunkin’ and Bon Me, providing stable in-place income, while also featuring approximately 10,000 SF of flagship retail space available for lease. The site is shadow-anchored by Trader Joe’s and CVS and surrounded by a dense concentration of national and regional retailers, making it a compelling investment and repositioning opportunity within one of Greater Boston’s most supply-constrained retail corridors.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,220 SF
Building Class
B
Year Built
1956
Price
$16,416,000 CAD
Price Per SF
$1,154.43 CAD
Percent Leased
30%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.69
Lot Size
0.47 AC
Zoning
BA
Frontage
143’ on Alewife Brook
Space Availability
- Space
- Size
- Space Use
- Position
- Available
» 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)
» 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)
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,500 SF | Retail | End Cap | Now |
| 2nd Floor | 6,500 SF | Retail | End Cap | Now |
1st Floor
| Size |
| 3,500 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
2nd Floor
| Size |
| 6,500 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1st Floor
| Size | 3,500 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
» 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)
2nd Floor
| Size | 6,500 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
» 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)
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | CAMB-000265B-000000-000061 | Improvements Assessment | $3,852,835 CAD |
| Land Assessment | $5,102,503 CAD | Total Assessment | $8,955,339 CAD |
Property Taxes
Parcel Number
CAMB-000265B-000000-000061
Land Assessment
$5,102,503 CAD
Improvements Assessment
$3,852,835 CAD
Total Assessment
$8,955,339 CAD
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201 Alewife Brook Pky
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