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Cambridge Retail Space For Lease
For Lease
$55 SF/Yr

603 Concord Avenue #A, Cambridge, MA 02138

Retail space available in high-traffic Cambridge location.

Space SizeContact for details
Days on Market904

Property Features for 603 Concord Avenue #A

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $1.00

Amenities

Reflective Roofing-Energy Star

Building Details

Year Built 2015
Listing Agency: Acorn Property Management LLC
Listed By: Benjamin Silva
Source: Corcoran
Added: Feb 29, 2024 Changed: Aug 20 Last Checked: Aug 20 at 1:26PM

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 Acorn Property Management LLC

Investment Insights

Based on property information with market context.

This retail space is available for lease at 603 Concord Avenue in Cambridge, Massachusetts, directly across from Fresh Pond. The interior space measures 3,218 square feet. Situated on Concord Avenue, the location benefits from high foot traffic. The space is suitable for various businesses, including a health care facility, cafe, retail store, salon, service provider, or office.

Key Highlights

  • High foot traffic location directly on Concord Avenue
  • 3,218 SF of interior space
  • Located across from Fresh Pond

Property Analytics

Current Use

Orthodontics of Cambridge Dental Office Cambridge Eye Group Physician 603 Concord Apartments Real Estate Agency William Murthy Dental Office Jacky Kong Physician

Suggested Use

Top Pick Nail Salon Hair Salon Accounting Firm Barber Shop Pharmacy Auto Parts Store

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
$8.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,377
Businesses Nearby
175k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 40% Shops & Services 26% Dining 21% Office Supplies 10%
Whole Foods Market Groceries
40,853 visits/mo 0.2 miles
Trader Joe's Groceries
29,867 visits/mo 0.1 miles
Staples Office Supplies
16,781 visits/mo 0.3 miles
PetSmart Shops & Services
15,263 visits/mo 0.3 miles
Burger King Dining
14,811 visits/mo 0.2 miles

Demographics for 02138, MA

37,982
Population
16,132
Households
2.4
Avg Household Size
30
Median Age
86%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
14,067
Density / Sq Mi
$122,040
Median Household Income
$46,436
Median Earnings
$2,799
Median Rent
$1,088,700
Median Home Value

Market

Lease Benchmarks for Cambridge, MA

$53.07 /SF/Yr
Avg Asking Price
$35–$70.87 /SF/Yr
Price Range
6,329 SF
Avg Space Size

This space is priced 4% above the average of $53.07 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in high-traffic Cambridge location.
Where is this retail space located?
The property is located at 603 Concord Avenue #A Cambridge, MA.
What is the lease rate?
The lease rate is $55 SF/Yr.
What are key features of this property?
This property features: High foot traffic location directly on Concord Avenue; 3,218 SF of interior space; Located across from Fresh Pond
More about this property
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