Renovated Office
For Lease
$20 SF/Yr
116 State Street Unit 3, Boston, MA 02109
Modernized office unit with immediate MBTA Blue and Orange Line access and a Walk Score of 99.
Space SizeContact for details
Days on Market201
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
(617) 799-5818
Source:
Oldeforgerealty
Added: Feb 12
Changed: Aug 31
Last Checked: Aug 31 at 8:11PM
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.
Renovated modern office unit offered for a unique 1+ year lease option. The space is approximately 2,000 SF and is positioned within a highly visible downtown building intended for office use.
116 State Street is in Boston’s Financial District, located less than 200 feet from Quincy Market. The property is surrounded by high-volume pedestrian thoroughfares and provides immediate access to the MBTA Blue and Orange Lines. A Walk Score of 99 supports the area’s walkable, foot-traffic environment.
The unit’s configuration and lease structure are suited for tenants seeking a central downtown presence within the Financial District.
116 State Street is in Boston’s Financial District, located less than 200 feet from Quincy Market. The property is surrounded by high-volume pedestrian thoroughfares and provides immediate access to the MBTA Blue and Orange Lines. A Walk Score of 99 supports the area’s walkable, foot-traffic environment.
The unit’s configuration and lease structure are suited for tenants seeking a central downtown presence within the Financial District.
Key Highlights
- Approximately 2,000 SF renovated office unit
- Unique 1+ year lease option
- Less than 200 feet from Quincy Market
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 - Modernized office unit with immediate MBTA Blue and Orange Line access and a Walk Score of 99.
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: Approximately 2,000 SF renovated office unit; Unique 1+ year lease option; Less than 200 feet from Quincy Market
