380-386 MOODY STREET - SOUTH WALTHAM, MA
Listing was updated on: 06/03/2019
Property Overview
| Price/Rent PSF | $ 2,850,000.00 |
| Asset Type | Retail |
| Trade Type | Sale |
| SQ. FT. Available | 6,881 |
| Date Available | 05/16/2018 |
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Description
Two adjacent Retail Condos rented to the same long-term tenant
Prime location in the heart of Waltham's Restaurant Row
High visibility corner location with exceptional signage
Beautifully renovated space with multiple bar areas and seating, plus private function rooms unmatched in the immediate area
Long-term established tenant in place with several years remaining on its lease
Tenant has exercised lease renewal options in the past and has expanded into an adjacent retail condo, which is included in this offering
Public parking is available throughout Moody Street and in several nearby municipal parking lots
Includes 6 off-street parking spaces
Abundant public transportation for customers and employees
Nearly 20,000 cars per day use Moody Street
These fully rented retail condos are rented to an established restaurant, Solea Restaurant and Tapas, with a long-term
history and several years left on its lease. This property is surrounded by an ever expanding array of restaurants and retail
in the heart of what has become Waltham's Restaurant Row. Universities and new residential and mixed-use developments
are located only moments away. Solea Restaurant and Tapas is part of The Solea Group, which includes three of Greater Boston's most favorite classic Spanish Tapas restaurants: Tapeo on Newbury Street, Kika Tapas in Kendall Square and Solea Restaurant and Tapas Bar on Moody Street in Waltham’s Restaurant Row. Each space has its own distinctive character, which is on full display when serving its tapas, paella and sangria from a menu that never fails to impress.
The Solea Group's Waltham location has been at the same location since 2001, expanding to the adjacent retail condo in
2008. Both retail condos are included in this offering. In addition to the main level space, the tenant has created an impressive
back-of-house operation in the basement space, taking full advantage of the basement's unusually high ceilings.
Public parking is available throughout Moody Street and in several nearby municipal parking lots. The retail condos also
include 6 off-street parking spaces located at the rear of the building.
These fully rented retail condos are rented to an established restaurant, Solea Restaurant and Tapas, with a long-term
history and several years left on its lease. This property is surrounded by an ever expanding array of restaurants and retail
in the heart of what has become Waltham's Restaurant Row. Universities and new residential and mixed-use developments
are located only moments away. Solea Restaurant and Tapas is part of The Solea Group, which includes three of Greater Boston's most favorite classic Spanish Tapas restaurants: Tapeo on Newbury Street, Kika Tapas in Kendall Square and Solea Restaurant and Tapas Bar on Moody Street in Waltham’s Restaurant Row. Each space has its own distinctive character, which is on full display when serving its tapas, paella and sangria from a menu that never fails to impress.
The Solea Group's Waltham location has been at the same location since 2001, expanding to the adjacent retail condo in
2008. Both retail condos are included in this offering. In addition to the main level space, the tenant has created an impressive
back-of-house operation in the basement space, taking full advantage of the basement's unusually high ceilings.
Public parking is available throughout Moody Street and in several nearby municipal parking lots. The retail condos also
include 6 off-street parking spaces located at the rear of the building.
These fully rented retail condos are rented to an established restaurant, Solea Restaurant and Tapas, with a long-term
history and several years left on its lease. This property is surrounded by an ever expanding array of restaurants and retail
in the heart of what has become Waltham's Restaurant Row. Universities and new residential and mixed-use developments
are located only moments away. Solea Restaurant and Tapas is part of The Solea Group, which includes three of Greater Boston's most favorite classic Spanish Tapas restaurants: Tapeo on Newbury Street, Kika Tapas in Kendall Square and Solea Restaurant and Tapas Bar on Moody Street in Waltham’s Restaurant Row. Each space has its own distinctive character, which is on full display when serving its tapas, paella and sangria from a menu that never fails to impress.
The Solea Group's Waltham location has been at the same location since 2001, expanding to the adjacent retail condo in
2008. Both retail condos are included in this offering. In addition to the main level space, the tenant has created an impressive
back-of-house operation in the basement space, taking full advantage of the basement's unusually high ceilings.
Public parking is available throughout Moody Street and in several nearby municipal parking lots. The retail condos also
include 6 off-street parking spaces located at the rear of the building.
These fully rented retail condos are rented to an established restaurant, Solea Restaurant and Tapas, with a long-term
history and several years left on its lease. This property is surrounded by an ever expanding array of restaurants and retail
in the heart of what has become Waltham's Restaurant Row. Universities and new residential and mixed-use developments
are located only moments away. Solea Restaurant and Tapas is part of The Solea Group, which includes three of Greater Boston's most favorite classic Spanish Tapas restaurants: Tapeo on Newbury Street, Kika Tapas in Kendall Square and Solea Restaurant and Tapas Bar on Moody Street in Waltham’s Restaurant Row. Each space has its own distinctive character, which is on full display when serving its tapas, paella and sangria from a menu that never fails to impress.
The Solea Group's Waltham location has been at the same location since 2001, expanding to the adjacent retail condo in
2008. Both retail condos are included in this offering. In addition to the main level space, the tenant has created an impressive
back-of-house operation in the basement space, taking full advantage of the basement's unusually high ceilings.
Public parking is available throughout Moody Street and in several nearby municipal parking lots. The retail condos also
include 6 off-street parking spaces located at the rear of the building.
These fully rented retail condos are rented to an established restaurant, Solea Restaurant and Tapas, with a long-term
history and several years left on its lease. This property is surrounded by an ever expanding array of restaurants and retail
in the heart of what has become Waltham's Restaurant Row. Universities and new residential and mixed-use developments
are located only moments away. Solea Restaurant and Tapas is part of The Solea Group, which includes three of Greater Boston's most favorite classic Spanish Tapas restaurants: Tapeo on Newbury Street, Kika Tapas in Kendall Square and Solea Restaurant and Tapas Bar on Moody Street in Waltham’s Restaurant Row. Each space has its own distinctive character, which is on full display when serving its tapas, paella and sangria from a menu that never fails to impress.
The Solea Group's Waltham location has been at the same location since 2001, expanding to the adjacent retail condo in
2008. Both retail condos are included in this offering. In addition to the main level space, the tenant has created an impressive
back-of-house operation in the basement space, taking full advantage of the basement's unusually high ceilings.
Public parking is available throughout Moody Street and in several nearby municipal parking lots. The retail condos also
include 6 off-street parking spaces located at the rear of the building.
Location