1191 Centre Street — Lease in Newton, MA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Newton, MA 02459

Photos

1191 Centre Street — Lease in Newton, MA, photo 1 of 1

Description

1,894 SF & 951 SF Retail Spaces Available 1,894 SF second generation restaurant space and 951 SF retail space available for lease. Spaces can be combined to create up to 2,845 SF.

Market Context

This retail in Newton, MA is listed for lease. Compare it against other retail listings for lease in Newton, MA — view the full market.

As of Q4 2025, the Boston retail market showed a 3.2% vacancy rate, average asking rents near $24.93/SF/yr, rents up 2.5% year over year, and cap rates around 7.3%. Source: Matthews Q4 2025 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

What is the typical cap rate for retail in Boston?
About 7.3% as of Q4 2025, per Matthews.
Is the Boston retail market tightening or softening?
Vacancy is around 3.2%, with asking rents rising year over year (Q4 2025).

Estimated Market Rate

$11.86/SF/mo – $16.04/SF/mo

Mid: $13.95/SF/mo

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