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Property Overview

Price/Rent PSF $ 2,850,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 6881.00
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 (Click here to view the location on the map.)
The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.

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