Flex Space with Two Garage
For Lease
$7,000/Mo NNN
11 Marlboro Street Unit 1, Malden, MA 02148
Flex space offering two garage bays, gas heat, and parking for five cars, with utilities metered separately via triple net.
Space SizeContact for details
Days on Market60
Property Features for 11 Marlboro Street Unit 1
General Information
Standard status
Active
Total Parking Spaces
5
Additional Details
Service Bays
2
Building Details
Year Built
1940
Listing Agency:
Atlantic Realty Services
Listed By:
Maria DiPierro
(781) 944-6300
Source:
Colonialmanorrealty
Added: Jul 8
Changed: Sep 4
Last Checked: Sep 4 at 9:50AM
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 Atlantic Realty Services
Investment Insights
Based on property information with market context.
This flex space includes two garage bays and is suitable for automotive operations or contractor use. The first garage bay measures 12 feet high by 15.6 feet wide, and the second garage bay measures 10 feet high by 9.5 feet wide. Gas heat is provided, and electric is separately metered as part of the triple net structure, with the tenant responsible for half of the triple net expenses.
Parking is included for five cars. The unit is identified as Unit 1 at 11 Marlboro Street.
Parking is included for five cars. The unit is identified as Unit 1 at 11 Marlboro Street.
Key Highlights
- 3,250 SF flex space built in 1940 with two garage bays
- Two garage bays: 12' H x 15.6' W and 10' H x 9.5' W
- Gas heat and electric are separate
Property Analytics
Property Profile
Current Use
Lease Details
2
Service bays
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
909
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02148, MA
66,274
Population
28,043
Households
2.4
Avg Household Size
36
Median Age
45%
College-Educated
87%
High-School Grad
5.0 sq mi
ZIP Area
13,255
Density / Sq Mi
$95,298
Median Household Income
$56,077
Median Earnings
$2,066
Median Rent
$607,500
Median Home Value
Market
Lease Benchmarks for Malden, MA
$29.25 /SF/Yr
Avg Asking Price
$20.31–$42.35 /SF/Yr
Price Range
7,002 SF
Avg Space Size
This space is priced 12% below the average of $29.25 /SF/Yr.
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space offering two garage bays, gas heat, and parking for five cars, with utilities metered separately via triple net.
Where is this flex space located?
The property is located at 11 Marlboro Street Unit 1 Malden, MA.
What is the lease rate?
The lease rate is $7,000/Mo.
What are key features of this property?
This property features: 3,250 SF flex space built in 1940 with two garage bays; Two garage bays: 12' H x 15.6' W and 10' H x 9.5' W; Gas heat and electric are separate
