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Prime Somerville Retail Space 201 B Highland ave 900 SF of Retail Space Available in Somerville, MA 02143
HIGHLIGHTS
- Heavy car, foot, and commuter traffic
- Build Out Funds Available
- Lots of Natural Light with large windows for exposure
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B | 900 SF | 5-7 Years | $51.48 CAD/SF/YR $4.29 CAD/SF/MO $46,333 CAD/YR $3,861 CAD/MO | Triple Net (NNN) |
1st Floor, Ste B
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air and Heating
- Private Restrooms
- Corner Space
- Secure Storage
- Recessed Lighting
- Basement
- Hardwood Floors
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 PRIME SOMERVILLE RETAIL SPACE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- E Scott Originals
- Retailer
- -
- -
- Highland Butcher Shop
- Accommodation and Food Services
- -
- -
- Wicked Cafe
- Accommodation and Food Services
- -
- -
- Work Shop Hair Salon
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| E Scott Originals | Retailer | - | - |
| Highland Butcher Shop | Accommodation and Food Services | - | - |
| Wicked Cafe | Accommodation and Food Services | - | - |
| Work Shop Hair Salon | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 900 SF | Year Built | 1920 |
| Property Type | Retail | Cross Streets | Lowell Street |
| Gross Leasable Area | 3,300 SF |
| Total Space Available | 900 SF |
| Property Type | Retail |
| Gross Leasable Area | 3,300 SF |
| Year Built | 1920 |
| Cross Streets | Lowell Street |
ABOUT THE PROPERTY
Prime Commercial Space for Lease - 201 Highland Ave, Somerville, MA. Unlock the potential of your business in this versatile first-floor retail commercial space. With large front-facing windows providing excellent visibility from the street, this location ensures your business stands out in a high-traffic area. The space offers unmatched accessibility and exposure, making it the perfect springboard for your next venture. As you enter the main floor large space is perfect to configure in many different ways, plus a private interior room, kitchenette, bathroom, and 700 plus s/f of storage in the basement. Dense population of over 250,000 residents in a 3-mile radius. Large windows allow for natural light and prime storefront visibility. Minutes from the Green Line Extension Magoun Square & multiple bus lines for seamless commuter access. Easy street parking for customers and clients. This blank canvas is ready for your creative vision, whether you’re launching a retail storefront, esthetician, art gallery, acupuncture/physical therapy, office, or studio. Buildout this space and make it your own. Join the energy of Somerville’s growing business community. Available Now. Ask me about move in specials to make this space a success for your business! Fionnula at 617-653-4084
NEARBY MAJOR RETAILERS
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Prime Somerville Retail Space | 201 B Highland ave
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