Office Suite Near
New
For Lease
$20 SF/Yr
116 State St # 3, Boston, MA 02109
The suite is offered with a 1+ year lease option in Boston’s Financial District.
Space SizeContact for details
Property Size2,000 SF
Days on Market6
Property Features for 116 State St # 3
General Information
Standard status
Active
Size
2,000 SF
Property subtype
COMMERCIAL
Space & Availability
Floor
3
Space Use
Office
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$9,999
Building Details
Building Size
2,000 SF
Listing Agency:
Red Tree Real Estate
Listed By:
Adam Kotkin · License #RE-B-9510337
(617) 487-8015
Source:
Madelyngarciarealestate
Added: Oct 5
Changed: Oct 8
Last Checked: Oct 9 at 11:41PM
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 Red Tree Real Estate
Investment Insights
Based on property information with market context.
Office space at 116 State St #3 is available with a 1+ year lease option. The building is situated in Boston’s Financial District, less than 200 feet from Quincy Market, with access to the MBTA Blue and Orange Lines.
The building is above Al’s Subs, and a European bakery is planned for another retail space in the building.
The building is above Al’s Subs, and a European bakery is planned for another retail space in the building.
Key Highlights
- Less than 200 feet from Quincy Market
- Access to the MBTA Blue and Orange Lines
- 1+ year lease option
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
24,086
Businesses Nearby
Explore this area
Business Placement
Demographics for 02109, MA
3,921
Population
2,719
Households
1.4
Avg Household Size
36
Median Age
88%
College-Educated
97%
High-School Grad
0.2 sq mi
ZIP Area
19,605
Density / Sq Mi
$177,500
Median Household Income
$100,889
Median Earnings
$3,501
Median Rent
$1,007,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Boston, MA
$38.97 /SF/Yr
Avg Asking Price
$8–$96.43 /SF/Yr
Price Range
10,233 SF
Avg Space Size
This space is priced 49% below the average of $38.97 /SF/Yr.
Vacancy Rate% for Office in Boston, MA
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Frequently Asked Questions
What type of property is this?
Office units - The suite is offered with a 1+ year lease option in Boston’s Financial District.
Where is this office units located?
The property is located at 116 State St # 3 Boston, MA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Less than 200 feet from Quincy Market; Access to the MBTA Blue and Orange Lines; 1+ year lease option
