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Elevator-Served Office Units
For Lease
$3,800/Mo NNN

1 Olde North Road Unit 303-304, Chelmsford, MA 01824

Third-floor professional suite with reception, private offices, elevator access, and onsite parking.

Space SizeContact for details
Days on Market9

Property Features for 1 Olde North Road Unit 303-304

General Information

Standard status Active
Elevators Yes
Lease Type Modified Gross

Space & Availability

Floor 3
Space Use Office
Condition Move-in Ready

Additional Details

Flexible Term Yes
Highway Access Yes

Amenities

common-area restrooms
onsite parking

Building Details

Year Built 1986
Listing Agency: Lillian Montalto Signature Properties
Listed By: Wayne Altavilla
Source: Flowrealty
Added: Aug 23 Changed: Aug 29 Last Checked: Aug 30 at 6:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lillian Montalto Signature Properties

Investment Insights

Based on property information with market context.

Third-floor professional office space at 1 Olde North Road, Unit 303-304, provides 2,500 square feet within a building constructed in 1986. The layout includes a reception area and multiple private offices, with common-area restrooms positioned outside the suite. Elevator service supports access to the floor, and onsite parking accommodates employees and clients.

The property sits immediately off Route 3 at Exit 84/Drum Hill, with visibility from the highway and reported daily traffic of approximately 108,000 vehicles. Access to I-495, Lowell, the Merrimack Valley, Nashua, and southern New Hampshire is also noted. Lease terms are structured as rent plus utilities, without NNN expenses or CAM charges passed through to the tenant.

Key Highlights

  • 2,500 SF third‑floor professional office suite
  • Reception area and multiple private offices
  • Elevator‑served building with common‑area restrooms outside the suite

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

734
Businesses Nearby

Demographics for 01824, MA

26,881
Population
10,301
Households
2.6
Avg Household Size
44
Median Age
57%
College-Educated
96%
High-School Grad
18.1 sq mi
ZIP Area
1,485
Density / Sq Mi
$141,337
Median Household Income
$75,753
Median Earnings
$2,076
Median Rent
$590,900
Median Home Value

Market

Lease Benchmarks for Chelmsford, MA

$37.25 /SF/Yr
Avg Asking Price
$22–$56.82 /SF/Yr
Price Range
8,785 SF
Avg Space Size

This space is priced 51% below the average of $37.25 /SF/Yr.

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 - Third-floor professional suite with reception, private offices, elevator access, and onsite parking.
Where is this office units located?
The property is located at 1 Olde North Road Unit 303-304 Chelmsford, MA.
What is the lease rate?
The lease rate is $3,800/Mo.
What are key features of this property?
This property features: 2,500 SF third‑floor professional office suite; Reception area and multiple private offices; Elevator‑served building with common‑area restrooms outside the suite
More about this property
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