Cambridge, Massachusetts, is a hub for innovation and education, making it an ideal location for restaurants. With its proximity to prestigious institutions like Harvard University and MIT, the city attracts a diverse crowd of students, professionals, and tourists. As a result, restaurants for lease in Cambridge are in high demand. The city's infrastructure, including utilities like XFINITY and Eversource Energy, ensures that businesses have access to the necessary resources to thrive. Additionally, Cambridge's vibrant arts and culture scene, with various museums, public art installations, and cultural events, creates a unique atmosphere that attracts visitors from all over. With major biotech and pharmaceutical companies like Genzyme and Biogen Idec having a significant presence in the area, restaurants in Cambridge have a built-in customer base. The city's economy has shifted from manufacturing to education and technology, making it an attractive location for businesses looking to capitalize on the growing demand for dining options.
Cambridge is home to 4 restaurants for lease, offering a range of options from casual eateries to fine dining establishments. With average annual rent per square foot at $60 USD, and spaces ranging from 1,857 square feet to 1,857 square feet, there's something for every restaurateur. In addition to restaurants, Cambridge also offers retail space, commercial real estate, and flex space for lease, providing a diverse range of options for businesses. Retail space in Cambridge is ideal for boutiques and specialty stores, while commercial real estate is perfect for office spaces and startups. Flex space, on the other hand, offers a versatile option for businesses that need a combination of office and warehouse space. With its unique blend of education, innovation, and culture, Cambridge is an attractive location for businesses looking to establish a presence in the Greater Boston metropolitan area.
How are restaurant leases typically structured?
In Cambridge, where there are currently 4 available listings of restaurants for lease, the typical structure of a restaurant lease often involves a gross lease, where the landlord is responsible for paying property taxes, insurance, and maintenance, while the tenant pays a fixed rent that includes utilities and janitorial services. The average annual rent per square foot for a restaurant lease in Cambridge is $60 USD, with an average size of 1,857 square feet, and a maximum space size of 1,857 square feet.
What kitchen equipment is usually included in restaurant leases?
When exploring the 4 available restaurant leases in Cambridge, it's essential to understand what kitchen equipment is typically included in these leases. In Cambridge, restaurant leases often come with standard kitchen equipment such as commercial-grade refrigerators, ovens, stoves, dishwashers, and sinks, which can vary depending on the size and type of restaurant, with average annual rent per square foot being $60 USD and average size being 1,857 square feet, with some spaces reaching up to 1,857 square feet.
