
CVS - Watertown, MA
27-34 Main St, Watertown, MA, 02472-4404, US
1,125 平方米
JLL Capital Markets presents the exclusive opportunity to acquire 226 Harvard Avenue (the “Property”), a 27,462 SF mixed use building located at the intersection of Allston and Brookline, Massachusetts. Positioned just 5 miles from Downtown Boston between Brighton and Commonwealth Avenues in the Packard’s Corner neighborhood, the Property offers investors the opportunity to acquire a fully leased, institutionally located retail asset in one of Greater Boston’s most dynamic urban infill submarkets.
The Property is 100% leased to a strong roster of three necessity-based and service-oriented tenants including Planet Fitness, Bookmark Medical, and Bay State Physical Therapy. The tenancy provides durable cash flow supported by a weighted average lease term of 9.0 years and a weighted average tenant tenure of 6.3 years. Constructed in 2008, the Property is 73 years newer than the average retail vintage within a 5-mile radius, offering investors potential outperformance in a differentiated physical asset with limited near-term capital needs.
226 Harvard Avenue is supported by an affluent and densely populated consumer base of approximately 439,735 residents within a 3-mile radius with an average household income of $167,215. The Property represents a rare opportunity to acquire a stabilized urban retail asset with long-term income durability, strong demographic fundamentals, and exceptional positioning within one of the Boston area’s most supply-constrained and high-growth neighborhoods.

