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Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 14,827 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Allston is a neighborhood within Boston and is commonly administered collectively with the adjacent neighborhood of Brighton. The two are often referred to together as “Allston-Brighton”. It is otherwise surrounded by Cambridge, Brookline, and Downtown Boston. The Charles River separates Allston from Cambridge, while Brookline and Downtown Boston are directly south and east, respectively. Housing stock varies but largely consists of brick apartment buildings, especially on Commonwealth Avenue and the streets directly off it, while areas further down Brighton Avenue, close to Brighton, are largely dotted with wooden triple-deckers. Lower Allston, across the Massachusetts Turnpike from the southern portion of Allston, consists of mostly 1890– 1920s single-family and multi-family Victorian homes. Allston is home to numerous small businesses and restaurants. Brighton Avenue, between Packard's Corner and Allston Street, boasts various ethnic and national cuisines from around the world. Harvard Avenue hosts a number of furniture stores, thrift shops, and stores that offer items for resale, due to the large student body and high residential turnover. The section of the neighborhood that lies immediately south of the turnpike and centers on the stretch of Harvard Avenue between Commonwealth Avenue and Cambridge Street also houses many shops, bars, and restaurants. Recent business promotion initiatives have dubbed this area "Allston Village." Allston lies near three major universities. A substantial part of the campus of Harvard University, including Harvard Business School and most athletic facilities are in North Allston. Boston University lies along Commonwealth Avenue to the east, with numerous schools and facilities extending from Kenmore Square to Packard’s Corner. Berklee College of Music also has a practice and rehearsal building near Commonwealth Avenue, on Fordham Road, which runs between Commonwealth Avenue and Brighton Avenue.
- Lease rate does not include utilities, property expenses or building services
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 Walgreens
- Tenant
- Description
- US Locations
- Reach
- Walgreens
- Drug Store
- 9,052
- International
| Tenant | Description | US Locations | Reach |
| Walgreens | Drug Store | 9,052 | International |
Property Facts
| Total Space Available | 14,827 SF | Gross Leasable Area | 14,827 SF |
| Property Type | Retail | Year Built | 2009 |
| Property Subtype | Drug Store |
| Total Space Available | 14,827 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 14,827 SF |
| Year Built | 2009 |
Nearby Major Retailers
Presented by
Walgreens | 465 Cambridge St
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