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997-1013 Massachusetts Ave 5,815 - 20,500 SF of Retail Space Available in Cambridge, MA 02138
Highlights
- Unparalleled location on Mass. Avenue bus line and just blocks from both Harvard and Central Squares T stops
- Heavy foot traffic, just blocks form Harvard Yard and adjacent to Harvard security and police hi-rise
- High ceilings, exposed brick walls, first class interior renovations
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level | 5,815 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 7,572 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 7,113 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
Lower Level
1st Floor
1st Floor
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.
Property Facts
| Total Space Available | 20,500 SF | Gross Leasable Area | 60,315 SF |
| Property Type | Retail | Year Built | 1989 |
| Property Subtype | Freestanding | Parking Ratio | 0.08/1,000 SF |
| Total Space Available | 20,500 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 60,315 SF |
| Year Built | 1989 |
| Parking Ratio | 0.08/1,000 SF |
About the Property
* Cannabis dispensary (5,815 sf) formerly operated by Sira Naturals and completely renovated less than 5 years ago, including all new plumbing, electrical, HVAC systems, bathrooms, flooring, lighting, display cases, cabinetry, etc. Plug and play space ready to move in, centrally located between Harvard Square and Central Square, Cambridge. Mass. Avenue storefront and street front access as well as access from lower level vestibule. Unlimited sales and profit potential. * Fully built-out 3,939 sf former hot pot restaurant with full kitchen with 10 foot commercial hood and fire suppression system, walk-in refrigerator, walk-in freezer * Renovated first floor retail space of 7,113 sf with excellent storefront exposure, high ceilings, and recessed lighting * Renovated first floor and partial 2nd floor retail space of 7,572 sf fully renovated by Cannondale Bikes
- 24 Hour Access
- Bus Line
- Corner Lot
- Metro/Subway
- Signage
- Tenant Controlled HVAC
Nearby Major Retailers
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997-1013 Massachusetts Ave
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