Listing Agency: Houston Show Phone

Listed By: Sarah Savage · License #630897 Show Phone

Source: Property.jll

Added: Jul 16 Changed: Aug 31 Last Checked: Sep 1 at 2:51PM

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Investment Insights

Based on property information with market context.

The office unit contains 5,028 SF and is offered for sublease. It is located at 1 1st Ave in Charlestown, Massachusetts 02129.

Key Highlights

• 5,028 SF of office space
• Available for sublease
• Located at 1 1st Ave, Charlestown, MA 02129

Property Analytics

Current Use

ZIOPHARM Oncology Inc Factory The Shop at Dovetail Take-out & Catering 7-Eleven Grocery & Convenience Store Western Union Bank

Suggested Use

Top Pick Building Supply Spa & Massage Center Auto Repair Shop Auto Parts Store HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

1,678

Businesses Nearby

Explore this area Business Placement

Demographics for 02129, MA

19,120

Population

9,987

Households

1.9

Avg Household Size

36

Median Age

71%

College-Educated

94%

High-School Grad

1.4 sq mi

ZIP Area

13,657

Density / Sq Mi

$157,192

Median Household Income

$101,310

Median Earnings

$2,258

Median Rent

$926,000

Median Home Value

Market

Lease Benchmarks for Charlestown, MA

$36.02 /SF/Yr

Avg Asking Price

$8–$138 /SF/Yr

Price Range

10,665 SF

Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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Frequently Asked Questions

What type of property is this?

Office units - Office space available for sublease at 1 1st Ave in Charlestown.

Where is this office units located?

The property is located at 1 1st Ave Charlestown, MA.

What are key features of this property?

This property features: 5,028 SF of office space; Available for sublease; Located at 1 1st Ave, Charlestown, MA 02129