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    575 Turnpike St North Andover, MA 01845

    For Lease
    $2,150 /Mo ($28 SF/Yr)

    911± SF office space in Chestnut Green office park.

    Property size:
    911 SF
    Lot size:
    4.13 Acres

    Property Features for 575 Turnpike St

    General Information

    Size
    911 SF
    Lot size
    4.13 Acres

    Source: Colliers Agent Andrew Robbins

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

    Overview

    North Andover Office Space Available

    Located in the Chestnut Green at The Andovers office park, this 911± square foot office space is situated on the first floor of a three-building complex that houses professional office and medical tenants. Unit 12 features private offices, an open area, a reception area, and access to shared common restrooms. The property is located less than 2 miles from I-495, at the intersection of Routes 114 & 125, with an Average Annual Daily Traffic (AADT) count of 26,083± per MASSDOT 2024. It is approximately 1/2 mile from Merrimack College’s main campus, which has an undergraduate population of over 4,000 students, and directly across from the college’s School of Engineering and Computational Sciences. The location is adjacent to Starbucks, The Friendly Toast, Salem Five Bank, Orangetheory Fitness, Tripoli Bakery, Pita Thyme, Dawg City, and SoBol Acai Bowls.
    Location Intelligence

    Current Use by Public Records

    Yu Sewi S ... Doctor Community Medical Associates: ... Medical Center BRIAN F MCNULTY Audiologist Dr. Ronald Marvin Orthopedic Surgeon Torkom Garabedian, MD Medical Office

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    North Andover
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.116041
    Latitude
    42.6651352

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    FAQs

    What type of property is this?
    Office space - 911± SF office space in Chestnut Green office park.
    Where is this office space located?
    The property is located at 575 Turnpike St North Andover, MA.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Excellent location: Less than 2 miles from I-495 at the intersection of Routes 114 & 125.; - Convenient access to amenities: Adjacent to Starbucks, The Friendly Toast, and more.; - Proximity to Merrimack College: Just 1/2 mile from the main campus.
    (857) 366-1891
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    575 Turnpike St North Andover, MA 01845
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    North Andover, MA 01845
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    Realmo Value Estimation

    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.

    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.

    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
    575 Turnpike St North Andover, MA 01845
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