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Retail Ground Lease Opportunity
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892 River St, Boston, MA 02136

Ground lease or built-to-suit development option up to 5,665 SF, with potential for a 2,500 SF drive-thru building.

Property Size5,665 SF
Days on Market700

Property Features for 892 River St

General Information

Standard status Active
Size 5,665 SF
Property subtype RETAIL

Site & Location

Traffic Count 25,874 vehicles/day
Highway Access Yes
Road Access Yes
Listing Agency: CBRE | Boston
Listed By: Rob Robledo · License #RES.0777085
Source: Moodyscre
Added: Aug 30, 2024 Changed: Jul 28 Last Checked: Jul 29 at 2:54PM

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.

This site offers a ground lease or built-to-suit opportunity up to 5,665 SF. The offering also contemplates a potential 2,500 SF freestanding building with a drive-thru.

The property is less than a mile from the Route-138 and River Street intersection, which averages 25,874 VPD. It is located directly across the street from Boston Charter Preparatory School, and is about two minutes from Match Community Day Charter Public School.

The Shops at Riverwood is anchored by Price Rice and includes a mix of tenants such as Planet Fitness, Santander, Starbucks, Goodwill, Burger King, and Boston Medical Center.

Key Highlights

  • Ground lease or built‑to‑suit option for up to 5,665 SF
  • Potential 2,500 SF free‑standing building with drive‑thru
  • Located less than 1 mile from the Route‑138 and River Street intersection averaging 25,874 VPD

Property Analytics

Current Use

Goodwill Home Decor Store The Goodwill Store Discount Store Redbox Cinema Planet Fitness Gym & Fitness Center The Shops at Riverwood Shopping Center & Mall

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency (Bike/Boat/Book/etc) Store Skin Care Clinic HVAC Service

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

25,874 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

557
Businesses Nearby
58k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 46% Dining 37% Shops & Services 12% Apparel 5%
Price Rite Groceries
26,361 visits/mo 0.1 miles
Burger King Dining
12,247 visits/mo 0.0 miles
Starbucks Dining
9,306 visits/mo 0.2 miles
Santander Bank Shops & Services
5,897 visits/mo 0.1 miles
Goodwill Apparel
3,092 visits/mo 0.1 miles

Demographics for 02136, MA

35,102
Population
14,031
Households
2.5
Avg Household Size
39
Median Age
32%
College-Educated
88%
High-School Grad
4.6 sq mi
ZIP Area
7,631
Density / Sq Mi
$96,862
Median Household Income
$50,793
Median Earnings
$1,772
Median Rent
$566,300
Median Home Value

Market

Lease Benchmarks for Boston, MA

$65.76 /SF/Yr
Avg Asking Price
$12–$200 /SF/Yr
Price Range
4,574 SF
Avg Space Size

Vacancy Rate% for Retail in Boston, MA

3.9% 2019
4.6% 2020
4.2% 2021
4% 2022
3.5% 2023
3.2% 2024
3.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Ground lease or built-to-suit development option up to 5,665 SF, with potential for a 2,500 SF drive-thru building.
Where is this retail space located?
The property is located at 892 River St Boston, MA.
What are key features of this property?
This property features: Ground lease or built‑to‑suit option for up to 5,665 SF; Potential 2,500 SF free‑standing building with drive‑thru; Located less than 1 mile from the Route‑138 and River Street intersection averaging 25,874 VPD
(617) 908-0745 Call to check price and availability
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