Net-Lease Restaurant
For Sale
Contact for pricing
58 Summer Street, Boston, MA 02110
Five Guys occupies the condominium under a lease extension running through October 2037.
Property Size3,422 SF
Price / SF$782.58
Days on Market96
Property Features for 58 Summer Street
General Information
Standard status
Active
Size
3,422 SF
Class
A
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$186,328
Building Details
Year Built
2012
Units
1
Tenancy
Single
Listing Agency:
Atlantic Retail Boston
Listed By:
Danielle Turpin · License #9569555
Source:
Crexi
Added: Jul 14
Changed: Oct 12
Last Checked: Oct 16 at 8:56AM
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 Retail Boston
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Investment Insights
Based on property information with market context.
The offering comprises a 3,422-square-foot commercial condominium completed in 2012 and occupied by Five Guys. The restaurant property is subject to a recently executed 10-year lease extension that runs through October 2037, with 3.25% annual rent increases and no remaining renewal options.
Located at 58 Summer Street in Boston, the property sits near the Financial District, Downtown Crossing, and South Station. The surrounding area includes major office employers, universities, and tourism activity, providing a dense urban setting for the existing restaurant use.
Located at 58 Summer Street in Boston, the property sits near the Financial District, Downtown Crossing, and South Station. The surrounding area includes major office employers, universities, and tourism activity, providing a dense urban setting for the existing restaurant use.
Key Highlights
- 3,422‑square‑foot commercial condominium
- Occupied by Five Guys
- 10‑year lease extension through October 2037
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,004
Businesses Nearby
86k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 47%
Home Improvements & Furnishings 1%
Electronics 1%
McDonald's
Dining
28,474 visits/mo
0.5 miles
Dollar Tree
Shops & Services
16,388 visits/mo
0.4 miles
Bank of America
Shops & Services
11,332 visits/mo
0.3 miles
Dunkin' Donuts
Dining
6,986 visits/mo
0.2 miles
7-Eleven
Shops & Services
6,457 visits/mo
0.2 miles
Demographics for 02110, MA
2,921
Population
1,563
Households
1.9
Avg Household Size
49
Median Age
85%
College-Educated
99%
High-School Grad
0.2 sq mi
ZIP Area
14,605
Density / Sq Mi
$132,239
Median Household Income
$111,227
Median Earnings
$3,142
Median Rent
$1,104,700
Median Home Value
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Market
Vacancy Rate% for Retail in Boston, MA
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Five Guys occupies the condominium under a lease extension running through October 2037.
Where is this conventional restaurant located?
The property is located at 58 Summer Street Boston, MA.
What is the asking price?
The asking price for this property is $2,678,000.
What are key features of this property?
This property features: 3,422‑square‑foot commercial condominium; Occupied by Five Guys; 10‑year lease extension through October 2037
