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- LoopNet Team
434 McGrath Hwy
Somerville, MA 02143
The Commons at Prospect Hill · Property For Lease · 75,000 SF
Highlights
- Highly accessible RETAIL/OFFICE space starting at ONLY $29/sq. ft.!
- Great frontage and visibility with about 50,000 cars/day going by and heavy foot traffic, as well as parking in the rear!
- Space available to accommodate up to 7,000 SF.
About the Property
You won't find a better location for your business at this price! 7000 sq. ft. of highly accessible retail/office space available on the ground level in the newest 48-unit luxury apartment complex, in one of Somerville’s most historic neighborhoods, Prospect Hill. Space is available for built to suit and can be sub-divided per tenant request. About ¼ mile from the new proposed Union Sq. development of 3.6M sq. ft. of biotech/lab space and 1000 new residences. Great frontage and visibility with about 50,000 cars/day going by and heavy foot traffic, as well as parking in the rear. Close to Boston, and offering proximity to Tufts University, MIT and Harvard via numerous transportation options. The location is approximately 200 ft. from the new green line extension on Washington Street and has a bus stop directly in front of it. Starting leasing at $29/sq. ft. per the terms and sq. footage of the lease.
PROPERTY FACTS
| Property Type | Multifamily | Building Size | 75,000 SF |
| Property Subtype | Apartment | Year Built | 2020 |
| Apartment Style | Mid Rise |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Size | 75,000 SF |
| Year Built | 2020 |
