Boston, MA Retail Space for Lease
Search 102 retail listings in Boston, MA and find helpful local stats in the Market Overview section below.
Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Boston asks $45.24 per square foot.
The most common type of lease agreement you’ll find here is NNN, with 46 space(s) available under this type of arrangement. The local market is also home to 1 retail space(s) offered under a Modified Gross lease agreement type, and 1 Full Service listing(s).
The average size for this type of rental opportunity in Boston is 1,000 sqft to 2,500 sqft. Currently, the local market offers 44 listing(s) within that size range. You can also search 35 listing(s) in the more than 5,000 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.
Retail space in Boston comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Street Retail and you can find 8 such space(s) available.
Street Retail spaces listed for rent here have an average size of 3,127 square feet. You’ll find street retail spaces are mostly located in urban and suburban areas that have high foot traffic. This type of space is often a great choice for smaller retailers that are looking for well-positioned points of sale.
The local market is also home to 3 space(s) listed as Restaurant. The average size you can expect to find for this category is 6,664 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.
What’s more, you can find 1 listing(s) in the Retail (Other) category, currently available in the average size of 1,970 square feet. Retail spaces come in many shapes and designs. Some are specifically tailored to the tenant that uses them, others are more generic space that can easily be reconfigured to accommodate different kinds of businesses over time.
Street Retail
8
Restaurant
3
Retail (Other)
1
Freestanding
1
Street Retail
3,127 sq. ft.
Restaurant
6,664 sq. ft.
Retail (Other)
1,970 sq. ft.
Freestanding
37,000 sq. ft.
However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.
In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.
Allston - Brighton is your top choice for lease opportunities, as it is currently home to the highest number of listings — 24 retail space(s).
Boston’s second most popular area is South Boston, where you can find 19 retail listing(s). The most likely type of space you can rent here is Street Retail. If this is the kind of property you are looking for, you will find 2 listing(s) available here.
Downtown - Financial District is also among the best areas to search for your next commercial space. Here you can find 19 retail space(s) available for consideration by prospective tenants, of which 1 are Interior Retail.
Allston - Brighton
24
South Boston
19
Downtown - Financial District
19
Back Bay
18
South End Boston
14
When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.
Data based on retail spaces listed for rent on CommercialSearch.com
DLC Management Corp. purchased the suburban property.
Trader Joe’s anchors the 2002-completed property.
JLL Capital Markets arranged the financing for this suburban Boston asset.
Stop & Shop and Marshalls anchor the 51-year-old property.
PGIM Real Estate provided the fixed-rate financing.
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