Technical
Financial
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Property profile

65 Mystic Ave Somerville, MA 02145

OFF-MARKET
Neighborhood centers
34,072 SF
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Property summary

AI-generated overview

This exceptional 34,072-square-foot retail space is available for lease at 65 Mystic Avenue in Somerville, Massachusetts. Located in Middlesex County, this single-tenant property offers a significant opportunity for a business seeking a substantial footprint in a vibrant market. The building boasts ample parking with 195 spaces, ensuring convenient access for customers and employees. The entire building is currently vacant, presenting a blank canvas for a prospective tenant to customize the space to their exact specifications. The property's prime location at 65 Mystic Avenue in Somerville, MA 02145 provides excellent visibility and accessibility. This is an ideal location for a variety of retail businesses seeking a large, well-situated space. The property's size and parking capacity make it suitable for businesses requiring significant space for inventory, operations, or customer traffic. The property type is classified as a strip center, offering a convenient and easily accessible layout. The address is easily identifiable and accessible from major roadways, ensuring high visibility and convenient access for customers. This presents a unique opportunity to establish a strong retail presence in a thriving area of Somerville. The property's substantial size and ample parking make it a highly desirable location for businesses seeking to expand or establish a new presence in the market. The vacant status allows for complete customization and design flexibility to meet the specific needs of the future tenant. Interested parties are encouraged to inquire for further details and leasing information.

Property profile

Verified
Property type Neighborhood centers
Total area 34,072 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

65 Mystic Ave Somerville, MA 02145
Somerville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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