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 24,444 square feet of properties — an average of ~1,650 SF per listing.
Retail properties & Spaces lease rates in Somerville range from $45 SF/Yr at the entry level to $70.46 SF/Yr at the top of the market, averaging $51.69 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $51.69 SF/Yr is 64% above the Massachusetts state average of $31.51 SF/Yr.
Somerville accounts for 3% of the 503 retail properties & spaces currently available across Middlesex County, where nearby markets include Cambridge and Newton.