Somerville, MA Retail Properties & Spaces for Lease
Retail properties & Spaces for Lease in Nearby Cities
Similar Spaces for Sale in Somerville, MA
Potential Development Sites for Consideration
Somerville, MA Retail properties & Spaces Lease Rates & Market Statistics
Explore 15 Retail properties & Spaces for lease in Somerville, MA on Realmo, a commercial real estate exchange covering the Somerville area. The current inventory totals 29,437 square feet of properties — an average of ~1,950 SF per listing.
Retail properties & Spaces lease rates in Somerville range from $24 SF/Yr at the entry level to $70.46 SF/Yr at the top of the market, averaging $42.49 SF/Yr. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $42.49 SF/Yr is 40% above the Massachusetts state average of $30.46 SF/Yr.
Somerville accounts for 4% of the 390 retail properties & spaces currently available across Middlesex County, where nearby markets include Cambridge and Everett.