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    Memorial Dr. & Pleasant St. Ext Cambridge, MA 02139

    Sponsored
    For Lease
    Contact for pricing

    Prime Cambridge location, multiple units available.

    Lot size:
    62,555 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Memorial Plaza in Cambridge, Massachusetts, offers exceptional retail and restaurant space for lease. Located at the prominent intersection of Memorial Drive and Pleasant Street Extension, this property boasts a total of 62,555 square feet, providing ample opportunity for businesses seeking high visibility and foot traffic. Currently, there are multiple units available, with a minimum divisible space of 1,700 square feet and a maximum contiguous space of 4,675 square feet. A total of 6,375 square feet is currently vacant and ready for immediate occupancy. The property is classified as a multi-tenant building, ideal for a variety of retail or restaurant concepts. Its strategic location in Middlesex County, with a zip code of 02139, places it within easy reach of a dense population and significant consumer base. This is a rare opportunity to secure prime commercial space in a thriving Cambridge neighborhood. The property's address is Memorial Dr. & Pleasant St. Ext., Cambridge, MA. Interested parties should inquire about available unit sizes and lease terms. This vibrant location offers unparalleled potential for growth and success.

    Property Features for 0 Memorial Dr. & Pleasant St. Ext

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    62,555 SF

    Unit(s) available at that property

    Space
    Suite 0004
    Size
    4,675 SF
    Space
    Suite 0005
    Size
    1,700 SF

    HighLights

    • 62,555 SF retail/restaurant space available for lease in Cambridge, MA.
    • Multiple units available, ranging from 1,700 SF to 4,675 SF contiguous; 6,375 SF immediately available.
    • Prime location at Memorial Dr. & Pleasant St. Ext., in the 02139 zip code, offering high visibility and foot traffic.
    • Multi‑tenant building ideal for various retail and restaurant uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Cambridge
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.114598
    Latitude
    42.358093

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    FAQs

    What type of property is this?
    Restaurant - Prime Cambridge location, multiple units available.
    Where is this restaurant located?
    The property is located at Memorial Dr. & Pleasant St. Ext Cambridge, MA.
    What are key features of this property?
    This property features: 62,555 SF retail/restaurant space available for lease in Cambridge, MA.; Multiple units available, ranging from 1,700 SF to 4,675 SF contiguous; 6,375 SF immediately available.; Prime location at Memorial Dr. & Pleasant St. Ext., in the 02139 zip code, offering high visibility and foot traffic.
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    Memorial Dr. & Pleasant St. Ext Cambridge, MA 02139
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    Cambridge, MA 02139
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Memorial Dr. & Pleasant St. Ext Cambridge, MA 02139
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