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Storefront Retail Space
For Lease
$4,500/Mo

5-888 Eastern Ave, Malden, MA 02148

Retail suite with expansive glazing, lower-level storage, central air, and shared parking for customer access.

Space SizeContact for details
Days on Market9

Property Features for 5-888 Eastern Ave

General Information

Standard status Active
Listing Agency: Atlantic Realty Services
Listed By: Maria DiPierro · License #9511886
Source: Exprealty
Added: Aug 4 Changed: Aug 12 Last Checked: Aug 12 at 3:18AM

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 Atlantic Realty Services

Investment Insights

Based on property information with market context.

This storefront retail suite at 5-888 Eastern Ave in Malden, MA offers approximately 943 square feet at street level, plus an additional 932 square feet of lower-level warehouse and storage area. The space includes a full-width front window wall, 16-foot ceilings, and central air conditioning, providing a visible customer-facing layout with supplemental back-of-house capacity. The combined area is approximately 1,875 square feet.

The property includes a 43-car parking lot and a new tall pylon sign with individual sign panels for each business. The lease structure places heat, electric, and water/sewer costs with the tenant, while real estate taxes, building insurance, snow removal, landscaping, and parking lot cleaning and maintenance are included.

Key Highlights

  • Approximately 943 SF of street‑level retail space
  • Additional 932 SF lower‑level warehouse/storage area
  • 16‑foot ceiling height and full front window wall

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Veterinary Clinic Garden Center Nursing Home Gym & Fitness Center Acupuncture Furniture & Home Goods

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
$4.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,536
Businesses Nearby
Under-served
Demand for This Use

Demographics for 02148, MA

66,274
Population
28,043
Households
2.4
Avg Household Size
36
Median Age
45%
College-Educated
87%
High-School Grad
5.0 sq mi
ZIP Area
13,255
Density / Sq Mi
$95,298
Median Household Income
$56,077
Median Earnings
$2,066
Median Rent
$607,500
Median Home Value

Market

Lease Benchmarks for Malden, MA

$51.92 /SF/Yr
Avg Asking Price
$28.8–$84 /SF/Yr
Price Range
1,646 SF
Avg Space Size

This space is priced 45% below the average of $51.92 /SF/Yr.

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Stop & Shop Florist 99 Charles St, Malden, MA 02148
  • Wildflower Designs Florist 299 Highland Ave, Malden, MA 02148
  • Sunny Florists 7 pleasant st, malden, ma 02148

Frequently Asked Questions

What type of property is this?
Storefront property - Retail suite with expansive glazing, lower-level storage, central air, and shared parking for customer access.
Where is this storefront property located?
The property is located at 5-888 Eastern Ave Malden, MA.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: Approximately 943 SF of street‑level retail space; Additional 932 SF lower‑level warehouse/storage area; 16‑foot ceiling height and full front window wall
More about this property
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