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Versatile Office Suites with Harbor Views
For Lease
$18 SF/Yr NNN

11-15 Parker, Gloucester, MA 01930

Three office suites available for lease with waterfront views.

Space SizeContact for details
Days on Market197

Property Features for 11-15 Parker

General Information

Standard status Active

Building Details

Year Built 1988
Listing Agency: Sovereign Realty Advisors,LLC
Listed By: Fred Newton
Source: Jbarrettrealty
Added: Feb 24 Changed: Sep 8 Last Checked: Sep 8 at 7:07AM

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 Sovereign Realty Advisors,LLC

Investment Insights

Based on property information with market context.

Three commercial office suites are available for lease, including two contiguous suites to be leased together and a third suite located directly across the hall. The suites offer a total of just over 4,200 square feet of workspace. Located on the second floor, the suites feature a professional entrance and elevator access. The suites include eight generously sized offices and offer unobstructed waterfront views of Gloucester's inner harbor. On-site parking is available. The property is located 250 yards from the Route 128 extension. The location provides proximity to Gloucester's arts scene, shops, restaurants, beaches, and scenic attractions. The building is professionally managed and available beginning March 1. This is a NNN lease, with tenants responsible for utilities and a proportionate share of building expenses.

Key Highlights

  • Unobstructed waterfront views of Gloucester's inner harbor.
  • Just over 4,200 square feet of versatile workspace across three suites.
  • Conveniently located 250 yards from Route 128 extension.

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Building Supply Dental Office Auto Parts Store Real Estate Agency Spa & Massage Center HVAC Service

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

997
Businesses Nearby

Demographics for 01930, MA

29,729
Population
14,630
Households
2
Avg Household Size
50
Median Age
39%
College-Educated
94%
High-School Grad
26.2 sq mi
ZIP Area
1,135
Density / Sq Mi
$87,898
Median Household Income
$49,580
Median Earnings
$1,395
Median Rent
$587,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Gloucester, MA

$19.54 /SF/Yr
Avg Asking Price
$14.07–$36.14 /SF/Yr
Price Range
2,523 SF
Avg Space Size

This space is priced 8% below the average of $19.54 /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 - Three office suites available for lease with waterfront views.
Where is this office units located?
The property is located at 11-15 Parker Gloucester, MA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Unobstructed waterfront views of Gloucester's inner harbor.; Just over 4,200 square feet of versatile workspace across three suites.; Conveniently located 250 yards from Route 128 extension.
More about this property
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