Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    103 Commerce Way Woburn, MA 01801

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    2,597 SF retail space at Commerce Way and Connector Road.

    Property size:
    1,237 SF
    Lot size:
    1,237 SF

    Property Features for 103 Commerce Way

    General Information

    Size
    1,237 SF

    We can help!

    Listing Contact
    Rob Robledo
    Rob Robledo
    Source: Cbre

    Listing Agent: Rob Robledo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Endcap at Signalized Intersection

    This 2,597 square-foot retail space is located at the corner endcap of a building situated at the signalized intersection of Commerce Way and Connector Road. The location offers convenient access from Interstate 93. A new Boston Street Bridge provides pedestrians with a direct route to the Regional Transit Center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Petco (Bike/Boat/Book/etc) Store fi.d.o (Bike/Boat/Book/etc) Store Petco Dog Training Animal Training Petco Vaccination Clinic Veterinary Clinic Petco Grooming Pet Grooming Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Auto Repair Shop Hair Salon Big Box & Wholesale Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woburn
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1371614
    Latitude
    42.5175346

    Nearby Similar for Lease

    • Contact for pricing

      Woburn Flex Space For Lease

      11,573 SF flex space with drive-in door near I-93.
      4 Presidential Way, Woburn, MA 01801
      View Details
    • Contact for pricing

      Woburn Office/Flex Space Available

      Renovated 2,200 SF office/flex space for rent near Boston.
      1 Presidential Way, Woburn, MA 01801
      View Details
    • Contact for pricing

      Woburn Industrial Space Available

      21,000 SF industrial space with high ceilings and loading docks.
      4 Presidential Way, Woburn, MA 01801
      View Details
    • $2,000 /Mo
      887 SF

      Woburn Office Suite For Rent

      887 SF office suite with private offices and reception.
      629 Main St, Woburn, MA 01801
      View Details
    • $3,500 /Mo
      1,900 SF

      Renovated Industrial Condo Office Space

      Modern creative office space with open floor plan and mezzanine.
      10 Draper St, Woburn, MA 01801
      View Details
    • $3,200 /Mo
      1,600 SF

      Woburn Retail/Auto Shop Space

      1,600 SF space suitable for retail or auto shops.
      921 Main St, Woburn, MA 01801
      View Details
    • Contact for pricing
      17,388 SF

      Woburn Medical Office Space Available

      Medical office space with recent renovations and convenient highway access.
      12 Alfred St, Woburn, MA 01801
      View Details
    • Contact for pricing
      5,023 SF

      Woburn Warehouse and Office Space

      Sublease opportunity: 5,023 SF office/warehouse near I-93 and I-95.
      78 Olympia Ave, Woburn, MA 01801
      View Details
    • Contact for pricing
      34,119 SF

      Renovated Office Space with Amenities

      Office space with on-site dining, fitness center, and hotel.
      600 Unicorn Park Dr, Woburn, MA 01801
      View Details
    • Contact for pricing

      Bright Corner Office Suite

      Well-appointed corner suite with abundant natural light, near Boston.
      10 Tower Office Park, Woburn, MA 01801
      View Details
    • Contact for pricing
      2,300 SF

      Retail Space in Woburn Village

      Retail and restaurant spaces available in Woburn Village.
      290 Mishawum Rd, Woburn, MA 01801
      View Details

    FAQs

    What type of property is this?
    Retail space - 2,597 SF retail space at Commerce Way and Connector Road.
    Where is this retail space located?
    The property is located at 103 Commerce Way Woburn, MA.
    What are key features of this property?
    This property features: - 2,597 SF corner endcap offers excellent visibility.; - Signalized intersection of Commerce Way and Connector Road.; - Location near Interstate 93 for easy commuting.
    (617) 912-6869
    Request Owner's contact information
    103 Commerce Way Woburn, MA 01801
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    103 Commerce Way
    Woburn, MA 01801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    103 Commerce Way Woburn, MA 01801
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Rob Robledo
    Rob Robledo
    Real Estate License ID: 0777085
    (617) 912-6869 (617) 908-0745 (617) 912-7000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!