Retail Space Fronting First
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40 Thorndike St, Cambridge, MA 02141
Retail space within the 40 Thorndike mixed-use development, fronting the year-round First Street Market.
Property Size4,618 SF
Days on Market511
Property Features for 40 Thorndike St
General Information
Standard status
Active
Size
4,618 SF
Property subtype
RETAIL
Additional Details
Space Use
Retail
Amenities
year-round open market
restaurant
community gathering and events space
Listing Agency:
Graffito
(781) 510-1307
Listed By:
Tania Celestin
(781) 510-1307
Source:
Moodyscre
Added: Mar 6, 2025
Changed: Jul 30
Last Checked: Jul 30 at 12:27PM
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.
Retail space available within the 40 Thorndike mixed-use Class A office development in Cambridge. The larger project includes the transformation of the former Edward J. Sullivan Courthouse into an innovation hub featuring 422,000 SF of Class A office space, 48 apartment homes, and 15,000 SF of retail and amenity space.
A year-round open market, restaurant, and community gathering and events space called First Street Market is part of the redevelopment and fronts First Street. The available retail space totals 4,618 SF.
40 Thorndike is positioned to serve both the on-site residential base and the broader community through day-to-day retail activation tied to First Street Market’s continuous public-facing program.
A year-round open market, restaurant, and community gathering and events space called First Street Market is part of the redevelopment and fronts First Street. The available retail space totals 4,618 SF.
40 Thorndike is positioned to serve both the on-site residential base and the broader community through day-to-day retail activation tied to First Street Market’s continuous public-facing program.
Key Highlights
- 4,618 SF retail space
- Part of the 40 Thorndike mixed‑use Class A office development
- Includes transformation of the former Edward J. Sullivan Courthouse into an innovation hub
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,551
Businesses Nearby
191k
Monthly Visits Nearby
Explore this area
Business Placement
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
$53.69 /SF/Yr
Avg Asking Price
$18–$70.87 /SF/Yr
Price Range
2,209 SF
Avg Space Size
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space within the 40 Thorndike mixed-use development, fronting the year-round First Street Market.
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: 4,618 SF retail space; Part of the 40 Thorndike mixed‑use Class A office development; Includes transformation of the former Edward J. Sullivan Courthouse into an innovation hub
