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Medford Shopping Center 65 Riverside Ave
9,655 SF of Retail Space Available in Medford, MA 02155
Highlights
- Heavy daytime traffic
- MBTA accessible on premises
- Attached to large residential complex
- Close to major highways
- Parking located on-site
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 55 | 9,655 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
25-65 Riverside Ave - 1st Floor - Ste 55
For Lease | 9,655 Sq Ft. First Floor Retail: Available Now. Fully built-out retail unit; former CVS in single floor, mixed-use, strip building. Anchored by Riverside Ave (MA-60), and Salem Street. Co-Tenants include; Grace Cleaners, Sura BBQ, Donuts with a Difference, Xtreme Ninja Martial Arts, Ebisuya Japanese Market, Energy Barre, and more. Neighboring amenities include Winchester Hospital, Medford Senior Center and City Halls, Hyatt Place Hotel, and Tuft's University. Direct access to Routes 93, 60, and 16: MBTA bus stop located on Premises, Medford/Tufts University (Green Line), 1 mile.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Private Restrooms
- Recessed Lighting
- Display Window
- Fully built out retail unit
- Front and back entrances
- Parking on site
- Pharmacy built out in unit
- Display windows
- Attached awnings
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Medford Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Chilli Garden
- Restaurant
- 1
- Local
- Donuts With A Difference
- Donut Shop
- 1
- Local
- Ebisuya - Japanese Market
- Specialty Foods
- 1
- Local
- Grace Cleaners
- Cleaners
- -
- Local
- Kumon
- Other Services
- 2,407
- International
- Middlesex Federal Savings, F.A.
- Bank
- 3
- Local
| Tenant | Description | US Locations | Reach |
| Chilli Garden | Restaurant | 1 | Local |
| Donuts With A Difference | Donut Shop | 1 | Local |
| Ebisuya - Japanese Market | Specialty Foods | 1 | Local |
| Grace Cleaners | Cleaners | - | Local |
| Kumon | Other Services | 2,407 | International |
| Middlesex Federal Savings, F.A. | Bank | 3 | Local |
PROPERTY FACTS FOR 65 Riverside Ave , Medford, MA 02155
| Center Type | Neighborhood Center | Gross Leasable Area | 172,742 SF |
| Parking | 358 Spaces | Total Land Area | 2.77 AC |
| Stores | 18 | Year Built | 1958 |
| Center Properties | 1 |
| Center Type | Neighborhood Center |
| Parking | 358 Spaces |
| Stores | 18 |
| Center Properties | 1 |
| Gross Leasable Area | 172,742 SF |
| Total Land Area | 2.77 AC |
| Year Built | 1958 |
About the Property
Single Floor Retail Shopping Centre: Rare, mixed-use space attached to 34 unit residential complex, currently undergoing grand renovations. Tremendous location with substantial daytime traffic. Steps to multiple MBTA stops, restaurants, schools, and medical facilities. Co-Tenant’s in neighborhood include Tufts University, Modern Pastry, city offices, Whole Foods Market, multiple hotels, the Medford Dog Park, Encore Casino, and more. Located in the heart of Medford, this property is minutes from downtown Boston and all surrounding areas; close to public transit, Routes 93, 16, 60, and 3.
Nearby Major Retailers
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Medford Shopping Center | 65 Riverside Ave
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