Listing Agency: CBRE | Boston E***@cbre.com Show Phone

Listed By: Eric Smith Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:57AM

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Investment Insights

Based on property information with market context.

This commercial property offers 24,000 square feet of office space available for rent. Located in Cambridge, MA, the property is suitable for office use.

Key Highlights

• 24,000 sqft office space
• Location in Cambridge

Property Analytics

Property Profile

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

Explore this area Business Placement

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

$41.67 /SF/Yr

Avg Asking Price

$4.71–$70.87 /SF/Yr

Price Range

9,718 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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - 24,000 sqft 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: 24,000 sqft office space; Location in Cambridge