46-48 Maverick Sq

Boston Realty Advisors is pleased to present the opportunity to acquire 46-48 Maverick Square, a 7,000 SF retail asset located on the corner of the highly desirable Maverick Square in East Boston. This exceptionally well-located retail asset benefits from its proximity to the areas major investment drivers including the Maverick stop on the MBTA blue line, literally just hundreds of feet away, Boston Logan International Airport, less than a 10-minute drive by car, and the millions of square feet in the development pipeline.
The property benefits from a tenant mix of both local and national credit tenants. The first floor of this three-story building is leased to Metro PCS and a local travel agency. These tenants have established themselves within the local “Eastie” community and draw a high amount of business volume to the property on a daily basis. The second floor of the building is currently leased to long term credit tenant, Verizon Wireless. Verizon has shown a strong commitment to its tenancy by investing in substantial building infrastructure and improvements, which will remain in place to support its wireless telecommunications operations. The remainder of the second floor consists of a local acupuncture clinic and the third floor of the property is leased to CRG Realty, a local real estate agency.
46-48 Maverick Square offers investors the rare opportunity to purchase an extremely well-located retail asset in a high-barrier to entry submarket. Located just steps from the MBTA blue line, Boston Logan International airport, and a multitude of new multifamily developments, this retail asset could not be better positioned for long term growth.
Boston Realty Advisors will be conducting tours of the property in the coming weeks with a “call-for-offers” to follow.