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Street-Front Retail at Mixed-Use Development
For Lease
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40 Thorndike St, Cambridge, MA 02141

Retail space within the 40 Thorndike mixed-use project, fronting First Street and supported by Class A office and residences.

Space Size1,600 SF
Days on Market533

Property Features for 40 Thorndike St

General Information

Standard status Active
Size 1,600 SF
Property subtype RETAIL

Spaces For Lease

at 40 Thorndike St Contact us

40 Thorndike St

Floor
1
Size
1,600 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- East Cambridge is home to cutting-edge life science, pharmaceutical and technology...
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Listing Agency: Graffito
Listed By: Tania Celestin
Source: Moodyscre
Added: Mar 6, 2025 Changed: Aug 14 Last Checked: Aug 20 at 10:20AM

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 Graffito

Investment Insights

Based on property information with market context.

This retail space is offered for rent within the 40 Thorndike mixed-use Class A office development. The project includes the transformation of the former Edward J. Sullivan Courthouse into an innovation hub with 422,000 SF of Class A office, 48 apartment homes, and 15,000 SF of retail and amenity space. A key component of the redevelopment is First Street Market, a year-round open market along with restaurant and community gathering and events space that fronts First Street.

Located in East Cambridge, the surrounding area is described as home to life science, pharmaceutical, and technology companies, along with a diverse resident base and nearby parks and open spaces. The retail location’s direct frontage at First Street Market supports day-to-day visibility and walk-up appeal as part of the larger mixed-use environment.

The space measures approximately 1,600 square feet and is positioned as a retail opportunity tied to the ongoing 40 Thorndike development and its public-facing First Street Market program.

Key Highlights

  • Retail opportunity within the 40 Thorndike mixed‑use Class A office development
  • Development includes 422,000 SF of Class A office space
  • Development includes 48 apartment homes

Property Analytics

Current Use

Edward J. Sullivan ... Physician 40 Thorndike Corporate Office

Suggested Use

Top Pick Grocery & Convenience Store Home Appliance Store Nail Salon Carpet & Flooring Store Nursing Home Tattoo & Piercing Shop

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

4,551
Businesses Nearby
191k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 24% Groceries 23% Shops & Services 22% Apparel 16%
Star Market Groceries
44,009 visits/mo 0.3 miles
McDonald's Dining
43,928 visits/mo 0.3 miles
Marshalls Apparel
25,730 visits/mo 0.4 miles
Dollar Tree Shops & Services
24,950 visits/mo 0.4 miles
Shell Shops & Services
8,116 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 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 - Retail space within the 40 Thorndike mixed-use project, fronting First Street and supported by Class A office and residences.
Where is this retail space located?
The property is located at 40 Thorndike St Cambridge, MA.
What are key features of this property?
This property features: Retail opportunity within the 40 Thorndike mixed‑use Class A office development; Development includes 422,000 SF of Class A office space; Development includes 48 apartment homes
(781) 510-1307 Call to check price and availability
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