Brand New Restaurant Space in Somerville Development
Property Description
A prime opportunity awaits in the vibrant intersection of Somerville and Cambridge, at the nexus of Boynton Yards and Union Square. Nestled within a four-story mixed-use development comprised of 50 luxury residential apartments above, this space offers a blend of residential luxury and commercial allure. The restaurant space itself, spanning 3360 square feet, exudes an undeniable hipness characteristic of its surroundings. Boasting 15-foot ceilings and a concrete slab on grade, it provides an ideal canvas for culinary innovation. Its proximity to the new Union Square T stop and Lechmere ensures convenient access for patrons. With approximately 80 seats, this space presents an enticing opportunity for restaurateurs seeking to establish themselves in one of Greater Boston's most dynamic neighborhoods.
LEASE TERM: 10-year initial term
BASE RENT: $40 psf
CONCEPT: Full-Service Restaurant Space
SEATING : Seating for approximately 80
SIZE: 3,360 square feet
LEASE TERM: 10-year initial term
BASE RENT: $40 psf
CONCEPT: Full-Service Restaurant Space
SEATING : Seating for approximately 80
SIZE: 3,360 square feet
About the Property
- Type
About the Lease
- Rent
- $3.33 per sq.ft per month
- Lease Is NNN
- Yes
- Lease Terms
- 10 year initial term
Listing Info
- ID
- 2252359
- Listing Views
- 1549
Listing ID: 2252359 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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