Storefront Retail Space with
For Lease
$4,500/Mo
888 Eastern Avenue Unit 5, Malden, MA 02148
Street-facing commercial unit in a 2021 building with central air, dedicated parking, and flexible back-of-house storage.
Space SizeContact for details
Days on Market11
Property Features for 888 Eastern Avenue Unit 5
General Information
Standard status
Active
Lease Term
[]
Building Details
Year Built
2021
Listing Agency:
Atlantic Realty Services
Listed By:
Maria DiPierro
(617) 262-6200
Source:
Cabotandcompany
Added: Aug 2
Changed: Aug 11
Last Checked: Aug 11 at 9:46AM
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 unit at 888 Eastern Avenue, Unit 5, provides approximately 943 square feet of retail space plus an additional 932 square feet on the lower level for warehouse or storage use. A full-height front window wall brings display visibility to the main area, while the 16-foot ceiling height adds volume. Central air conditioning is installed.
The property was built in 2021 and includes a 43-car parking lot. A tall pylon sign provides individual sign spaces for businesses at the property. The lease structure includes real estate taxes, building insurance, snow removal, landscaping, and parking lot cleaning and maintenance. The tenant is responsible for heat, electric, and water/sewer.
The property was built in 2021 and includes a 43-car parking lot. A tall pylon sign provides individual sign spaces for businesses at the property. The lease structure includes real estate taxes, building insurance, snow removal, landscaping, and parking lot cleaning and maintenance. The tenant is responsible for heat, electric, and water/sewer.
Key Highlights
- Approximately 943 square feet of storefront retail space
- Additional 932 square feet in the lower level for warehouse or storage use
- 16 foot ceiling height in the main unit
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.32 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
958
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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- MARTIN'S FLORIST & GREENHOUSE — 119 Lebanon St, Malden, MA 02148
Frequently Asked Questions
What type of property is this?
Storefront property - Street-facing commercial unit in a 2021 building with central air, dedicated parking, and flexible back-of-house storage.
Where is this storefront property located?
The property is located at 888 Eastern Avenue Unit 5 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 square feet of storefront retail space; Additional 932 square feet in the lower level for warehouse or storage use; 16 foot ceiling height in the main unit
