Third-Floor Office
For Lease
$900/Mo
12-11 Salem St, Medford, MA 02155
Office space includes heat, a common restroom, and access to public transportation.
Space Size500 SF
Days on Market600
Property Features for 12-11 Salem St
General Information
Standard status
Active
Size
500 SF
Net Rentable
500 SF
Space & Availability
Available Space
500 SF
Contiguous Space
500 SF
Floor
3
Space Use
Office
Additional Details
Public Transit
Yes
Amenities
Common restroom
Listing Agency:
Atlantic Realty Services
(617) 543-3607
Listed By:
Maria DiPierro · License #9511886
(617) 543-3607
Source:
Exprealty
Added: Jan 9, 2025
Changed: Aug 31
Last Checked: Aug 31 at 7:59PM
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 Atlantic Realty Services
Investment Insights
Based on property information with market context.
This approximately 500-square-foot office unit occupies the third floor at 12-11 Salem St in Medford. The space includes a common restroom, with heat provided as part of the occupancy arrangement; the tenant is responsible for electric service.
The property is served by the bus line and offers street parking. A city municipal parking lot is located across the street, providing an additional nearby parking option.
The property is served by the bus line and offers street parking. A city municipal parking lot is located across the street, providing an additional nearby parking option.
Key Highlights
- Approximately 500 square feet on the third floor
- Heat included; tenant responsible for electric
- Common restroom
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.24 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,739
Businesses Nearby
Explore this area
Business Placement
Demographics for 02155, MA
61,483
Population
25,893
Households
2.4
Avg Household Size
36
Median Age
58%
College-Educated
93%
High-School Grad
8.2 sq mi
ZIP Area
7,498
Density / Sq Mi
$118,403
Median Household Income
$60,825
Median Earnings
$2,483
Median Rent
$715,500
Median Home Value
Market
Lease Benchmarks for Medford, MA
$24.06 /SF/Yr
Avg Asking Price
$13.58–$40.8 /SF/Yr
Price Range
5,161 SF
Avg Space Size
This space is priced 10% below the average of $24.06 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Office space includes heat, a common restroom, and access to public transportation.
Where is this office units located?
The property is located at 12-11 Salem St Medford, MA.
What is the lease rate?
The lease rate is $900/Mo.
What are key features of this property?
This property features: Approximately 500 square feet on the third floor; Heat included; tenant responsible for electric; Common restroom
