Description

36 Dexter Avenue offers retail space for lease at 36 Dexter Avenue in Watertown, MA, in the Downtown submarket. The 41,869 SF property includes a 1,065 SF available retail suite, giving an occupier a defined entry point within a larger building.

For retailers comparing space requirements, the offering spans smaller suites and basement space rather than a single uniform layout. Suite 120-C has 1,065 SF available, while Suite 116-B has 1,709 SF and Suite 108 has 2,350 SF. The three basement suites offer 7,300 SF, 5,475 SF, and 4,125 SF, respectively; the property also lists 14,000 SF as its maximum contiguous space. Built in 1900 and renovated in 1995, the building has Smart Code, T5 zoning. Its range of suite sizes gives occupiers distinct starting points for matching their space needs to a particular part of the property.

The asking rent is $4/SF/year, and rates are negotiable for Suites 116-B, 120-C, and 108. The lease descriptions for Suites 116-B and 120-C also specify $12.00-18.00/SF/yr, so occupiers comparing those suites should distinguish their suite-specific descriptions from the asking rent shown for the offering. With 22,024 SF of total availability across the lease offering, this is a search worth approaching by suite: size, level, and the applicable rate matter more than the building-wide figure alone. Review the Offering Materials when deciding which space to pursue.

Highlights

Easy Access
Retail Spaces Located in the Central Business District (CBD)
Current home of Island Delight at Dexter & 36 Lofts
Walking distance to the Convention Center & MPAC
EJI
historic tourist destinations
Riverfront Park
hotels
restaurants
District 36 Lofts directly above retail spaces
600+ residential units existing and more in development, 893 hotel rooms in Downtown, 2 new boutique hotels in development
35,826± employees in Downtown Montgomery
4,000± students enrolled at Troy University Montgomery within 4 blocks
1.5± miles from I-85/I-65 Interchange
2.0± miles from Maxwell Air Force Base serving 25,000 active duty
guard
reserves
contractors
retirees

Property details

Current tenant: Island Delight
Residential above: District 36 Lofts
Basement suites can be subdivided
Total population: 4982 (1 mi), 51768 (3 mi), 107934 (5 mi)
Average age: 35.1 (1 mi), 33.8 (3 mi), 35.2 (5 mi)
Total households: 1805 (1 mi), 19667 (3 mi), 41508 (5 mi)
Persons per HH: 3.0 (1 mi), 2.7 (3 mi), 2.7 (5 mi)
Average HH income: $34434 (1 mi), $56665 (3 mi), $62521 (5 mi)
Average house value: $40237 (1 mi), $116098 (3 mi), $149973 (5 mi)
Demographic source: 2020 ACS - US Census
Nearby: Alabama State Capitol
Troy University
Jackson Hospital
Alabama State University
Air Force University attended by over 20,000 annually
Current property occupants: Island Delight at Dexter and 36 Lofts; District 36 Lofts are directly above the retail spaces
Downtown employees: 35,826± employees in Downtown Montgomery
Nearby Troy University Montgomery enrollment: 4,000± students within four blocks
Distance to I-85/I-65 interchange: 1.5± miles
Distance to Maxwell Air Force Base: 2.0± miles
Downtown residential units: 600+ existing, with more in development
Downtown hotel rooms: 893 rooms; two new boutique hotels in development
Population within 1, 3 and 5 miles: 4,982; 51,768; 107,934
Average age within 1, 3 and 5 miles: 35.1; 33.8; 35.2
Average male age within 1, 3 and 5 miles: 33.4; 32.1; 32.5
Average female age within 1, 3 and 5 miles: 35.4; 36.1; 37.5
Households within 1, 3 and 5 miles: 1,805; 19,667; 41,508
Persons per household within 1, 3 and 5 miles: 3.0; 2.7; 2.7
Average household income within 1, 3 and 5 miles: $34,434; $56,665; $62,521
Average house value within 1, 3 and 5 miles: $40,237; $116,098; $149,973