For Lease
Property summary
This exceptional retail opportunity in Belmont, Massachusetts, presents a unique chance to establish a presence in a high-income market. Located at 72 Leonard Street, this freestanding property boasts approximately 2,500 square feet of ground-level space, complemented by a full basement. A key advantage is its exclusive drive-thru capability, a rare feature in downtown Belmont. The property also includes a private parking lot, enhancing customer convenience. The surrounding area demonstrates… significant financial strength, with over $1 billion in bank deposits (2022 data) from three existing banks in the immediate vicinity. The average household income within a one-mile radius exceeds $243,000, indicating a strong consumer base with high purchasing power. This single-tenancy property is currently vacant and ready for immediate occupancy, making it an ideal location for a variety of retail businesses, particularly those that would benefit from a drive-thru option. The property's strategic location and unique features make it a compelling investment prospect in a thriving and affluent community. The zip code is 02478.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 14 properties nearbyComparable nearby
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Alternative use
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight