Listing Agency: Atlantic Retail - Corporate b***@atlanticretail.com Show Phone

Listed By: Ben Ravelson

Source: Atlanticretail

Added: Nov 25, 2025 Changed: Aug 17 Last Checked: Aug 20 at 4:40AM

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Investment Insights

Based on property information with market context.

This prominent second generation retail space is located in East Cambridge, Massachusetts, within the 196-unit One First condominium project. The space, suitable for a bank, cafe, or retail business, is situated at a prominent retail corner across from the Lechmere T Stop, which sees 6,421 entries per day. It is located at the intersection of First Street and Cambridge Street. East Cambridge is a hub for Greater Boston’s technology and biotechnology industries, with approximately 15 million square feet of lab and R&D space in the neighborhood. Cambridge Crossing, located directly across from the site, is adding 5.2 million square feet of new office, lab, residential, and retail space to the East Cambridge area. The space will be available starting May 1, 2026.

Key Highlights

• Prominent corner location in East Cambridge at the intersection of First Street & Cambridge Street.
• Located across from the Lechmere T Stop (6,421 entries/day).
• Located in the 196‑unit One First condominium project.

Property Analytics

Property Profile

Current Use

Citizens Bank Citizens Bank ATM Atm Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Nail Salon Carpet & Flooring Store Home Appliance Store Butcher Tattoo & Piercing Shop (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

8,497

Businesses Nearby

120k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 37% Dining 36% Hotels & Casinos 17% Shops & Services 7%

Star Market Groceries

44,009 visits/mo 0.4 miles

McDonald's Dining

43,928 visits/mo 0.4 miles

Shell Shops & Services

8,116 visits/mo 0.3 miles

Kimpton Marlowe Hotel Hotels & Casinos

7,729 visits/mo 0.2 miles

Hampton Inn Hotels & Casinos

6,158 visits/mo 0.2 miles

Demographics for 02141, MA

15,130

Population

8,128

Households

1.9

Avg Household Size

32

Median Age

74%

College-Educated

94%

High-School Grad

0.6 sq mi

ZIP Area

25,217

Density / Sq Mi

$120,542

Median Household Income

$73,002

Median Earnings

$2,752

Median Rent

$892,600

Median Home Value

Market

Lease Benchmarks for East Cambridge, MA

$53.07 /SF/Yr

Avg Asking Price

$35–$70.87 /SF/Yr

Price Range

6,329 SF

Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Second generation retail space in East Cambridge available May 1, 2026.

Where is this retail space located?

The property is located at 11 First Street East Cambridge, MA.

What are key features of this property?

This property features: Prominent corner location in East Cambridge at the intersection of First Street & Cambridge Street.; Located across from the Lechmere T Stop (6,421 entries/day).; Located in the 196‑unit One First condominium project.