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40 William C Kelly Square - East Boston 40 William Kelly Sq 3,000 SF of Retail Space Available in Boston, MA 02128
HIGHLIGHTS
- Huge windows that let in tons of natural light
- Great East Boston location
- Brand new space
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 3,000 SF | 1-5 Years | $60.00 /SF/YR $5.00 /SF/MO $180,000 /YR $15,000 /MO | Triple Net (NNN) |
2nd Floor
3,000 SF Second-Floor (full elevator access) Commercial (retail or office) Space – Central Square, East Boston Available Now! A versatile 3,000 SF second-floor retail space in the heart of East Boston’s thriving Central Square. Located beneath 7 newly constructed luxury residential units, the property offers exceptional visibility and steady foot traffic at one of the area's most active intersections. Directly across from Liberty Plaza—anchored by Shaw’s, Marshalls, CVS, and McDonald’s—this high-exposure corner is ideal for retail, wellness, or service-based businesses. The space is partially built out, providing a head start and allowing tenants to customize the layout to fit their brand and operational needs. A tenant allowance will be given to help with the build out.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Air Conditioning
- Great East Boston Location - Brand New Space
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.
PROPERTY FACTS
| Total Space Available | 3,000 SF | Gross Leasable Area | 23,000 SF |
| Property Type | Retail | Year Built | 2024 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.17/1,000 SF |
| Total Space Available | 3,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 23,000 SF |
| Year Built | 2024 |
| Parking Ratio | 0.17/1,000 SF |
ABOUT THE PROPERTY
Brand new mixed use building in the heart of East Boston.
- Air Conditioning
NEARBY MAJOR RETAILERS
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40 William C Kelly Square - East Boston | 40 William Kelly Sq
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