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Newly Built Flex Space with Garage Bays
New
For Lease
$4,750/Mo

1130 Eastern Ave 1, Malden, MA 02148

Newly built flex space featuring garage bays, a second-floor office, and heating/AC.

Property Size2,000 SF
Days on Market3

Property Features for 1130 Eastern Ave 1

General Information

Standard status Active
Size 2,000 SF
Net Rentable 2,000 SF
Property subtype Commercial

Space & Availability

Available Space 2,000 SF
Contiguous Space 2,000 SF
Floor 2
Space Use Office

Site & Location

Public Transit Yes
Utilities to Site Yes

Warehouse & Industrial

Warehouse Space 1,500 SF
Office Build-Out 500 SF
Conditioned Warehouse Yes

Amenities

Shower

Building Details

Year Built 2026
Listing Agency:
Listed By: David Klovee
Source: Elliman
Added: Jul 29 Changed: Jul 30 Last Checked: Jul 31 at 5:30AM

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 David Klovee

Investment Insights

Based on property information with market context.

Newly built flex space offering multiple garage bays with 1,500 square feet of garage space plus an additional 500 square feet of second-floor office space. The facility includes a restroom with a shower, a 6-inch concrete slab, and 14 foot-high garage bay doors for vehicle access. Heating/AC is included.

Tenants are responsible for sub-metered water/sewer, heat, and electricity. BikeScore is 55 and walkScore is 90, with transitScore of 58.

Built in 2026, this setup is designed to support light flex uses that benefit from both enclosed garage operations and an office component.

Key Highlights

  • 1,500 square feet of garage space with multiple garage bays
  • Additional 500 square feet of second‑floor office space
  • Restroom with shower

Property Analytics

Current Use

Organic Waste Management, ... Waste Management Facility

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Building Supply Big Box & Wholesale Store

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
Utilities to site
NNN (Triple Net)
Lease Type
$4.27 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

880
Businesses Nearby
Under-served
Demand for This Use

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

$29.54 /SF/Yr
Avg Asking Price
$20.31–$42 /SF/Yr
Price Range
3,438 SF
Avg Space Size

This space is priced 4% below the average of $29.54 /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
Rey
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Similar Off Market Nearby

  • dimyishere — 274 Shute St, Everett, MA 02149
  • Henry's Catering Service of Malden — 562 Broadway, Malden, MA 02148

Frequently Asked Questions

What type of property is this?
Flex space - Newly built flex space featuring garage bays, a second-floor office, and heating/AC.
Where is this flex space located?
The property is located at 1130 Eastern Ave 1 Malden, MA.
What is the lease rate?
The lease rate is $4,750 /Mo.
What are key features of this property?
This property features: 1,500 square feet of garage space with multiple garage bays; Additional 500 square feet of second‑floor office space; Restroom with shower
More about this property
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