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Retail Space with Drive-Through
For Lease
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72 Leonard Street, Belmont, MA 02478

Retail space includes a drive-through and a basement suitable for additional usable area.

Space SizeContact for details
Days on Market92

Property Features for 72 Leonard Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Boston
Listed By: Rob Robledo · License #RES.0777085
Source: Cbre
Added: Jun 2 Changed: Aug 30 Last Checked: Sep 1 at 4:25PM

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 CBRE - Boston

Investment Insights

Based on property information with market context.

This retail space offers approximately 2,500 SF of commercial area, along with a drive-through and a full basement that adds usable interior space. The property is located at 72 Leonard Street in Belmont, Massachusetts.

Key Highlights

  • ±2,500 SF of retail space
  • Drive‑through included
  • Full usable basement

Property Analytics

Current Use

Merrill Lynch Loan Service Bank of America ATM Atm Bank of America Mortgage Loan Service

Suggested Use

Top Pick Restaurant Law Firm Auto Parts Store Pharmacy Grocery & Convenience Store Accounting Firm

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

Location Intelligence

Trade Area within ½ mile

571
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 82% Dining 18%
People's United Bank Shops & Services
3,691 visits/mo 0.2 miles
Santander Bank Shops & Services
2,829 visits/mo 0.2 miles
Mobil Shops & Services
2,498 visits/mo 0.3 miles
Bruegger's Dining
2,011 visits/mo 0.2 miles

Demographics for 02478, MA

27,286
Population
10,811
Households
2.5
Avg Household Size
42
Median Age
80%
College-Educated
98%
High-School Grad
4.6 sq mi
ZIP Area
5,932
Density / Sq Mi
$177,790
Median Household Income
$95,206
Median Earnings
$2,382
Median Rent
$1,108,800
Median Home Value

Market

Lease Benchmarks for Belmont, MA

$42.08 /SF/Yr
Avg Asking Price
$37.5–$55 /SF/Yr
Price Range
3,740 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space includes a drive-through and a basement suitable for additional usable area.
Where is this retail space located?
The property is located at 72 Leonard Street Belmont, MA.
What are key features of this property?
This property features: ±2,500 SF of retail space; Drive‑through included; Full usable basement
More about this property
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