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Modern Office Space Available
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121 First Street, Cambridge, MA 02141

24,000 SF office space for rent in Cambridge.

Space SizeContact for details
Days on Market159

Property Features for 121 First Street

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | Boston
Listed By: Eric Smith
Source: Cbre
Added: Mar 16 Changed: Aug 21 Last Checked: Aug 21 at 8:47AM

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 CBRE | Boston

Investment Insights

Based on property information with market context.

Available for rent is a modern office space encompassing 24,000 square feet across the fourth and fifth floors, with approximately 12,000 square feet on each floor. Constructed in 2018, this new construction offers a flexible lease term that can extend through October 31, 2033. The space includes high-end furniture and parking is available.

Key Highlights

  • Large contiguous space: 24,000 SF available across two floors (12,000 SF/floor).
  • Flexible lease term: Available through October 31, 2033.
  • High‑end furniture included.**

Property Analytics

Current Use

121 First Street Corporate Office Amylyx Pharmaceuticals Inc Factory Insurify Insurance Agency Insurance Agency

Suggested Use

Top Pick Spa & Massage Center Nail Salon Hair Salon Building Supply Auto Repair Shop Kitchen & Bath Showroom

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

8,921
Businesses Nearby

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 Cambridge, MA

$41.21 /SF/Yr
Avg Asking Price
$17.9–$60 /SF/Yr
Price Range
10,088 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 - 24,000 SF office space for rent in Cambridge.
Where is this office units located?
The property is located at 121 First Street Cambridge, MA.
What are key features of this property?
This property features: Large contiguous space: **24,000 SF available across two floors (12,000 SF/floor).**; Flexible lease term: Available through October 31, 2033.; High‑end furniture included.**
More about this property
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