Renovated Office
For Lease
$20 SF/Yr
116 State Street Unit 3, Boston, MA 02109
Modern workspace with a flexible 1+ year lease option in Boston’s Financial District.
Space SizeContact for details
Days on Market200
Property Features for 116 State Street Unit 3
General Information
Standard status
Active
Lease Term
[]
Additional Details
Space Use
Office
Public Transit
Yes
Building Details
Year Built
9999
Listing Agency:
Red Tree Real Estate
Listed By:
Adam Kotkin
(781) 645-0505
Source:
Yourhomeforsale
Added: Feb 17
Changed: Sep 5
Last Checked: Sep 4 at 2:14PM
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.
This 2,000-square-foot office unit occupies Unit 3 at 116 State Street in Boston’s Financial District. The space is described as modern and renovated, with a lease option extending 1+ years. Its position above an active lunch location places the unit within a mixed-use building that also includes retail space.
Quincy Market is less than 200 feet away, and the property is surrounded by high-volume pedestrian routes serving office workers and tourists. The location provides immediate access to the MBTA Blue and Orange Lines and carries a Walk Score of 99. The address supports an office presence in a highly walkable downtown setting.
Quincy Market is less than 200 feet away, and the property is surrounded by high-volume pedestrian routes serving office workers and tourists. The location provides immediate access to the MBTA Blue and Orange Lines and carries a Walk Score of 99. The address supports an office presence in a highly walkable downtown setting.
Key Highlights
- 2,000‑square‑foot office unit at 116 State Street, Unit 3
- Modern, renovated office space
- 1+ year lease option
Property Analytics
Property Profile
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
Market
Lease Benchmarks for Boston, MA
$36.55 /SF/Yr
Avg Asking Price
$8–$138 /SF/Yr
Price Range
10,480 SF
Avg Space Size
This space is priced 45% below the average of $36.55 /SF/Yr.
Vacancy Rate% for Office in Boston, MA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Modern workspace with a flexible 1+ year lease option in Boston’s Financial District.
Where is this office units located?
The property is located at 116 State Street Unit 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: 2,000‑square‑foot office unit at 116 State Street, Unit 3; Modern, renovated office space; 1+ year lease option
