Storefront Retail Space with
For Lease
$4,500/Mo
888 Eastern Ave. Unit 5, Malden, MA 02148
Newer commercial unit with prominent glazing, central air, dedicated parking, and an individual panel on a shared pylon sign.
Space Size1,875 SF
Days on Market12
Property Features for 888 Eastern Ave. Unit 5
General Information
Standard status
Active
Size
1,875 SF
Net Rentable
1,875 SF
Total Parking Spaces
43
Lease Type
Modified Gross
Space & Availability
Available Space
1,875 SF
Contiguous Space
1,875 SF
Floor
Ground
Space Use
Retail
Additional Details
Pylon Signage
Yes
Amenities
central air
Building Details
Year Built
2021
Tenancy
Multi
Listing Agency:
Atlantic Realty Services
(617) 543-3607
Listed By:
Maria DiPierro · License #9511886
Source:
Livianhomesct
Added: Aug 19
Changed: Aug 28
Last Checked: Aug 29 at 12:14PM
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.
Located at 888 Eastern Ave., Unit 5, this storefront retail space was built in 2021 and offers approximately 943 square feet at the main level, plus an additional 932 square feet of lower-level warehouse or storage area. A full front window wall provides extensive glass exposure, while the 16-foot ceiling height supports a spacious retail presentation. Central air is installed.
The property includes access to a 43-car parking lot and a tall pylon sign with individual sign spaces for each business. Rent includes real estate taxes, building insurance, snow shoveling and plowing, landscaping, and parking lot cleaning and maintenance. The tenant is responsible for heat, electric, and water/sewer.
The property includes access to a 43-car parking lot and a tall pylon sign with individual sign spaces for each business. Rent includes real estate taxes, building insurance, snow shoveling and plowing, landscaping, and parking lot cleaning and maintenance. The tenant is responsible for heat, electric, and water/sewer.
Key Highlights
- Approximately 943 SF of main‑level retail space
- Additional 932 SF lower‑level warehouse/storage area
- 16‑foot ceiling height and full front window wall
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$4.32 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
958
Businesses Nearby
133k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 73%
Shops & Services 22%
Electronics 5%
McDonald's
Dining
36,062 visits/mo
0.3 miles
Dollar Tree
Shops & Services
22,430 visits/mo
0.4 miles
Burger King
Dining
22,205 visits/mo
0.4 miles
Dunkin' Donuts
Dining
12,912 visits/mo
0.2 miles
KFC
Dining
6,520 visits/mo
0.4 miles
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
$45.73 /SF/Yr
Avg Asking Price
$28.8–$84 /SF/Yr
Price Range
1,263 SF
Avg Space Size
This space is priced 37% below the average of $45.73 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - Newer commercial unit with prominent glazing, central air, dedicated parking, and an individual panel on a shared pylon sign.
Where is this storefront property located?
The property is located at 888 Eastern Ave. 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 SF of main‑level retail space; Additional 932 SF lower‑level warehouse/storage area; 16‑foot ceiling height and full front window wall
