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483-493 Concord Ave 483-493 Concord Ave 2,300 - 7,300 SF of Retail Space Available in Cambridge, MA 02138
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 489 | 2,300 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 493 | 5,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
489 Concord Ave - 1st Floor - Ste 489
483-493 Concord Ave - 1st Floor - Ste 493
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 | 7,300 SF | Frontage | |
| Center Type | Community Center | Gross Leasable Area | 9,141 SF |
| Parking | 35 Spaces | Total Land Area | 0.42 AC |
| Stores | 2 | Year Built | 1950 |
| Center Properties | 2 |
| Total Space Available | 7,300 SF |
| Center Type | Community Center |
| Parking | 35 Spaces |
| Stores | 2 |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 9,141 SF |
| Total Land Area | 0.42 AC |
| Year Built | 1950 |
About the Property
An exceptional leasing opportunity is now available on one of Cambridge’s most prominent and highest-traffic retail corridors. Positioned directly on the bustling Fresh Pond Parkway / Concord Ave rotary, this site delivers unmatched visibility from every direction, benefiting from over 36,000 ADT and a rare billboard advertising opportunity, creating significant branding potential. Surrounded by a powerhouse lineup of national retailers—including Whole Foods, TJ Maxx, CVS, Trader Joe’s, McDonald’s, and TD Bank—the property benefits from a strong consumer draw and steady traffic generated by one of Cambridge’s most active retail destinations. The property is well suited for a wide range of uses, including retail, banking, food, medical and long-term ground lease opportunities. Its strategic location offers immediate access to Alewife Station and excellent connectivity to Boston, Somerville and Route 2. This is a rare chance to secure a presence in one of Cambridge’s premier retail and business destinations, distinguished by exceptional visibility, accessibility, and long-term growth potential.
Nearby Major Retailers
Contact the Leasing Agent
483-493 Concord Ave | 483-493 Concord Ave