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Prime Retail Space in Cambridge
For Lease
$43 SF/Yr

999 Massachusetts Ave Right, Cambridge, MA 02138

Premier end-cap retail space near Harvard and Central Square.

Space SizeContact for details
Property Size7,113 SF
Days on Market128

Property Features for 999 Massachusetts Ave Right

General Information

Standard status Active
Size 7,113 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $999

Building Details

Building Size 7,113 SF
Year Built 9999
Listing Agency: Red Tree Real Estate
Listed By: Adam Kotkin · License #9510337
Source: Elliman
Added: Apr 15 Changed: Aug 8 Last Checked: Apr 10 at 8:27AM

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 Red Tree Real Estate

Investment Insights

Based on property information with market context.

This prime retail space is located in mid-Cambridge at the intersection of Massachusetts Avenue and Ellery Street. The corner unit features store frontage on Massachusetts Avenue. Situated blocks from Harvard Campus and five blocks from Central Square, this space is surrounded by retail in a dense Cambridge location. Current co-tenants include Dunkin Donuts, Sira Naturals, Flame Hot Pot, Crimson Bike, and Harvest of India. Harvard University offices, Cambridge College, and other office and retail tenants are located directly across the street. The location has a walk score of 97, indicating it is a walker's paradise, a bike score of 89, indicating it is very bikeable, and a transit score of 85, indicating excellent transit options. This was formerly a Boconcept location.

Key Highlights

  • Prime retail location at the intersection of Massachusetts Avenue and Ellery Street in mid‑Cambridge.
  • High foot traffic area with a Walk Score of 97 (Walker's Paradise).
  • Excellent transit options with a Transit Score of 85.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nail Salon Food Market (Bike/Boat/Book/etc) Store HVAC Service Grocery & Convenience Store Nursing Home

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
$6.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,602
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 45% Shops & Services 31% Dining 21% Home Improvements & Furnishings 3%
Whole Foods Market Groceries
14,071 visits/mo 0.4 miles
TD Bank Shops & Services
4,418 visits/mo 0.4 miles
Citizens Bank Shops & Services
3,970 visits/mo 0.4 miles
Playa Bowls Dining
3,379 visits/mo 0.4 miles
Blue Bottle Coffee Dining
2,529 visits/mo 0.4 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 19% below 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 - Premier end-cap retail space near Harvard and Central Square.
Where is this retail space located?
The property is located at 999 Massachusetts Ave Right Cambridge, MA.
What is the lease rate?
The lease rate is $43 SF/Yr.
What are key features of this property?
This property features: Prime retail location at the intersection of Massachusetts Avenue and Ellery Street in mid‑Cambridge.; High foot traffic area with a Walk Score of 97 (Walker's Paradise).; Excellent transit options with a Transit Score of 85.
More about this property
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