201 Alewife Brook Pky - Freestanding FOR SALE


Cambridge, MA 02138- Cambridge Highlands
$12,000,000 USD
617-201-4722
201 Alewife Brook Pky, Cambridge, MA for Sale
$12,000,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

201 Alewife Brook Pky
Cambridge, MA 02138
Cambridge Highlands


HIGHLIGHTS

  • Prominent Pylon and Building Signage
  • Located at Signalized Intersection
  • Excellent Visibility » 26,438 ADT (2020) » Shadow Anchored by Trader Joe’s & CVS » Area Retailers Include Whole
  • 26,438 ADT (2020)
  • Shadow Anchored by Trader Joe’s & CVS
  • Area Retailers Include Whole

OVERVIEW

» Flagship Retail Space Available for the First Time in 32 Years » Available for Lease - 10,000 SF (3,500 SF First Floor / 6,500 SF Second Floor) » Available for Sale - 13,040 SF Multi-Tenant Building Featuring Long Term Leases with Dunkin’ and Bon Me » Prominent Pylon and Building Signage » Located at Signalized Intersection » Excellent Visibility » 26,438 ADT (2020) » Shadow Anchored by Trader Joe’s & CVS » Area Retailers Include Whole Foods, PetSmart, TJX, HomeGoods, etc. **FOR MORE INFORMATION CONTACT** ANDREW BONICA (abonica@easternretail.com) SAM PETERSON (speterson@easternretail.com) 199 Alewife Brook Parkway offers a rare opportunity to acquire or lease a highly visible, infill retail asset in Cambridge, Massachusetts. The 13,040 SF multi-tenant building is strategically positioned at a signalized intersection along the Alewife Brook Parkway (Routes 2/3/16), benefitting from strong traffic counts and exceptional exposure. The property is anchored by long-term tenants Dunkin’ and Bon Me, providing stable in-place income, while also featuring approximately 10,000 SF of flagship retail space available for lease. The site is shadow-anchored by Trader Joe’s and CVS and surrounded by a dense concentration of national and regional retailers, making it a compelling investment and repositioning opportunity within one of Greater Boston’s most supply-constrained retail corridors.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$844 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

BA

APN/PARCEL ID

CAMB-000265B-000000-000061

ASK ABOUT THIS PROPERTY

Andrew BonicaEastern Retail PropertiesMore Info
617-201-4722

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Andrew BonicaEastern Retail PropertiesMore Info
617-201-4722

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.