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647 Boylston St
Boston, MA 02116
GameStop Condominium · Retail Property For Sale
EXECUTIVE SUMMARY
Newmark Knight Frank’s Boston Capital Markets Group has been exclusively retained to sell 647 Boylston Street, a fully leased retail and office condominium offering located in the exclusive Back Bay neighborhood of Boston, Massachusetts. Totaling 2,292 square feet, the 1,312 square foot street level space is fully leased to GameStop (S&P: BB/Moody’s: Ba1), on a triple-net lease basis. The 980 square foot lower level space is a combination of storage space leased to GameStop and two fully leased office suites with significant lease term remaining. The landlord-friendly retail lease incorporates annual 3.00% contractual rent increases and one 2-year extension option. The offering forms the base of the boutique luxury residential condominium building 647 Boylston Street that was completely renovated by the seller in 2015.
PROPERTY FACTS
