185 Devonshire Street #100
$2,101,356, .08 Acres
About This Property
185 Devonshire is a boutique office building with street-level retail that was renovated and converted into office and retail condominiums in 2007. Retail Unit 100 is located on Devonshire Street, immediately adjacent to the building’s “front door” and lobby entrance. The retail condominium consists of 3,293 square feet that is subdivided into two storefronts, each with its own direct street access. Unit 100-A is leased to Weight Watchers with a corporate guaranty. The Weight Watchers lease expires in December 2021 and includes a $1.00 per square foot rent escalation each year. Weight Watchers pays their pro rata share of the real estate taxes and condominium fee, which is inclusive of all operating expenses. Unit 100-B is leased to D’Guru Restaurant/Guru The Caterer, a popular Indian restaurant and catering business with locations in Boston and Somerville. D’Guru has been operating at the location for over 10 years and recently executed a 10-year lease extension.
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