Second-Floor Retail Space with Large
2 Maverick Square, Boston, MA 02128
For Sale
New
Contact for pricing
A 2022 building offers flexible shell delivery and infrastructure for a ventilation hood system.
Property Size66,000 SF
Price / SF$0.00
Days on Market6
Property Features for 2 Maverick Square
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Floor
Amenities
subway
ferry
waterfront
parks
restaurants
shopping
Building Details
Year Built
Listing Agency:
Centre Realty Group
Listed By:
Fionnula Bohan
(617) 653-4084
Source:
Stevebremis
Added: Nov 8
Changed: Nov 12
Last Checked: Nov 12 at 2:13PM
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 Centre Realty Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A 5,000-square-foot second-floor retail space is available within a building completed in 2022. The area can be subdivided and delivered as a vanilla shell or prepared for a custom build-out. Large windows extend from floor to ceiling, and infrastructure is in place for a ventilation hood system.
The property is at 2 Maverick Square in Boston, steps from the Blue Line, ferry service, waterfront, parks, restaurants, and shopping.
The property is at 2 Maverick Square in Boston, steps from the Blue Line, ferry service, waterfront, parks, restaurants, and shopping.
Key Highlights
- 5,000 SF of second‑floor space, with subdivision available
- Building completed in 2022
- Vanilla shell delivery or custom build‑out
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,065,280
Suggested Prices Based on Cap Rates
Cap Rate 5%
$21,305,600
$21.3M
Cap Rate 7%
$15,218,286
$15.2M
Cap Rate 9%
$11,836,444
$11.8M
Market Conditions
NOI Build-Up for 66,000 SF
Gross rent
$1.66M $25.20/SF
− Vacancy
−$141.4K −$2.14/SF
EGI
$1.52M $23.06/SF
− OpEx
−$456.5K −$6.92/SF
NOI
$1.07M $16.14/SF
Area
Boston, MA
Vacancy
8.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$21,305,600
Cap Rate 7%
$15,218,286
Cap Rate 9%
$11,836,444
Alternative Uses
Best Use
Retail
$15.22M
$13.32M – $17.75M
NOI $1,065,280 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$49.42M
$43.24M – $57.66M
NOI $3,459,456 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,956
Businesses Nearby
254k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 28%
Groceries 15%
Apparel 10%
Shaw's Supermarket
Groceries
38,339 visits/mo
0.5 miles
Dunkin' Donuts
Dining
25,268 visits/mo
0.1 miles
Marshalls
Apparel
24,698 visits/mo
0.4 miles
McDonald's
Dining
23,404 visits/mo
0.3 miles
Burger King
Dining
18,940 visits/mo
0.1 miles
Demographics for 02128, MA
43,066
Population
19,124
Households
2.3
Avg Household Size
33
Median Age
38%
College-Educated
77%
High-School Grad
5.0 sq mi
ZIP Area
8,613
Density / Sq Mi
$92,079
Median Household Income
$48,549
Median Earnings
$2,009
Median Rent
$680,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Boston, MA
Properties on Market for Retail space in Boston
Vacancy Rate% for Retail in Boston, MA
Frequently Asked Questions
What type of property is this?
Retail space - A 2022 building offers flexible shell delivery and infrastructure for a ventilation hood system.
Where is this retail space located?
The property is located at 2 Maverick Square Boston, MA.
What are key features of this property?
This property features: 5,000 SF of second‑floor space, with subdivision available; Building completed in 2022; Vanilla shell delivery or custom build‑out
