Fifth-Floor Office
For Lease
$15.95 SF/Yr NNN
1 Union St. 500, Lawrence, MA 01841
Flexible office accommodation with private support areas, secure entry, conference rooms, and river views.
Space Size11,400 SF
Days on Market57
Property Features for 1 Union St. 500
General Information
Standard status
Active
Size
11,400 SF
Net Rentable
11,400 SF
Property subtype
Commercial
Lease Type
NNN
Space & Availability
Available Space
11,400 SF
Contiguous Space
11,400 SF
Floor
5
Space Use
Office
Lease Terms
Lease Rate
$15.95 /USD/SF/YR
Monthly Rent
$15,152
Rent per SF/Year
$15.95
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$24,092
Amenities
exclusive kitchen
waiting area
key card access
river views
natural light
free parking
new windows
highly efficient heating and air conditioning system
high speed voice, data and wireless infrastructure
exclusive bathroom
Building Details
Building Size
11,400 SF
Year Built
1899
Listing Agency:
The Edge Group, Inc.
(978) 375-7363
Listed By:
Gary Sidell
(978) 375-7363
Source:
Elliman
Added: Jul 5
Changed: Aug 30
Last Checked: Aug 30 at 7:22PM
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 The Edge Group, Inc.
Investment Insights
Based on property information with market context.
Located on the fifth floor of a historic mill building constructed in 1899, this 11,400-square-foot office suite combines a substantial workspace with a practical tenant layout. The premises include a waiting area, large offices, conference rooms, a private kitchen, and exclusive bathrooms. Key card entry supports controlled access, while the suite can be customized to meet tenant requirements.
The property sits at 1 Union St. in Lawrence, along the Merrimack River. Building improvements include new windows, efficient heating and air conditioning systems, and high-speed voice, data, and wireless infrastructure. River views and abundant natural light complement the workspace, with ample free parking available for occupants and visitors. The suite is offered under an NNN lease structure, with tenants responsible for their pro-rata share of utilities and operating expenses.
The property sits at 1 Union St. in Lawrence, along the Merrimack River. Building improvements include new windows, efficient heating and air conditioning systems, and high-speed voice, data, and wireless infrastructure. River views and abundant natural light complement the workspace, with ample free parking available for occupants and visitors. The suite is offered under an NNN lease structure, with tenants responsible for their pro-rata share of utilities and operating expenses.
Key Highlights
- 11,400 SF fifth‑floor office suite at 1 Union St. 500, Lawrence, MA 01841
- Layout includes waiting area, offices, conference rooms, private kitchen, and exclusive bathrooms
- Key card entry provides controlled access to the suite
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,644
Businesses Nearby
Explore this area
Business Placement
Demographics for 01841, MA
53,654
Population
17,546
Households
3.1
Avg Household Size
33
Median Age
15%
College-Educated
70%
High-School Grad
3.0 sq mi
ZIP Area
17,885
Density / Sq Mi
$54,525
Median Household Income
$34,741
Median Earnings
$1,565
Median Rent
$393,800
Median Home Value
Market
Lease Benchmarks for Lawrence, MA
$18.2 /SF/Yr
Avg Asking Price
$13–$24 /SF/Yr
Price Range
5,062 SF
Avg Space Size
This space is priced 12% below the average of $18.2 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Flexible office accommodation with private support areas, secure entry, conference rooms, and river views.
Where is this office units located?
The property is located at 1 Union St. 500 Lawrence, MA.
What is the lease rate?
The lease rate is $15.95 SF/Yr.
What are key features of this property?
This property features: 11,400 SF fifth‑floor office suite at 1 Union St. 500, Lawrence, MA 01841; Layout includes waiting area, offices, conference rooms, private kitchen, and exclusive bathrooms; Key card entry provides controlled access to the suite
