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Somerville Office Sublease Opportunity
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66-70 Union Sq, Somerville, MA

Class B office sublease with private offices, conference room, kitchenette.

Space Size3,000 SF
Lot Size0.36 Acres
Days on Market889

Property Features for 66-70 Union Sq

General Information

Standard status Active
Size 3,000 SF
Lot size 0.36 Acres
Property subtype OFFICE

Spaces For Lease

at 66-70 Union Sq
66 Union Sq AVAILABLE, Now
Floor 3
Size 3,000 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- ±3,000 SF sublease in Class B office building with 5 private offices, a conference room and a kitchenette. - 2 reserved parking spaces and access to a private roof deck.
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Listing Agency: Lee & Associates | Boston
Listed By: Stephanie Deering · License ##9517255
Source: Moodyscre
Added: Apr 30, 2024 Changed: Sep 11 Last Checked: Oct 4 at 12:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Boston

Investment Insights

Based on property information with market context.

This property offers a sublease opportunity of approximately 3,000 square feet within a Class B office building. The layout includes five private offices, a conference room, and a kitchenette. The sublease provides access to two reserved parking spaces and a private roof deck.

Key Highlights

  • ±3,000 SF sublease in Class B office building
  • Features 5 private offices
  • Includes a conference room and kitchenette

Property Analytics

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Current Use

Union Square Farmers ... Specialty Food Shop Rendever (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Nail Salon Nursing Home (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,501
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Somerville, MA

$35.66 /SF/Yr
Avg Asking Price
$15.2–$55 /SF/Yr
Price Range
4,075 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Class B office sublease with private offices, conference room, kitchenette.
Where is this office units located?
The property is located at 66-70 Union Sq Somerville, MA.
What are key features of this property?
This property features: ±3,000 SF sublease in Class B office building; Features 5 private offices; Includes a conference room and kitchenette
(781) 608-5964 Call to check price and availability
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