Private Office
For Sale
Contact for pricing
121 Middlesex Tpke Unit 1, Burlington, MA 01803
Heat, air conditioning, electricity, water, and trash service are included, with shared parking on site.
Property Size158 SF
Price / SF$4.11
Days on Market8
Property Features for 121 Middlesex Tpke Unit 1
General Information
Standard status
Active
Size
158 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Property Use
Office
Amenities
heat
A/C
electricity
water
trash removal
Building Details
Year Built
1979
Listing Agency:
Phoenix Real Estate Partners, LLC
(617) 335-2372
Listed By:
Jiasen Niu
(617) 580-6294
Source:
Lockandkeyre
Added: Oct 24
Changed: Oct 31
Last Checked: Oct 30 at 3:17PM
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 Phoenix Real Estate Partners, LLC
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Investment Insights
Based on property information with market context.
A private 158 SF office is available within a 2,265 SF professional suite at 121 Middlesex Turnpike in Burlington. The office is offered for sublease, and the building dates to 1979. Included services cover heat, air conditioning, electricity, water, and trash removal; shared parking is available on site.
The property is near Burlington Mall, with access to I-95/Route 128 and Route 3. Other private offices in different sizes may also be available within the suite.
The property is near Burlington Mall, with access to I-95/Route 128 and Route 3. Other private offices in different sizes may also be available within the suite.
Key Highlights
- 158 SF private office within a 2,265 SF professional suite
- Heat, A/C, electricity, water, and trash removal included
- Shared on‑site parking available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,013
Suggested Prices Based on Cap Rates
Cap Rate 5%
$100,260
$100.3K
Cap Rate 7%
$71,614
$71.6K
Cap Rate 9%
$55,700
$55.7K
Market Conditions
NOI Build-Up for 158 SF
Gross rent
$8.6K $54.24/SF
− Vacancy
−$1.9K −$11.93/SF
EGI
$6.7K $42.31/SF
− OpEx
−$1.7K −$10.58/SF
NOI
$5.0K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$100,260
Cap Rate 7%
$71,614
Cap Rate 9%
$55,700
Alternative Uses
Best Use
Office B
$71.6K
$62.7K – $83.6K
NOI $5,013 @ 7.0% cap · market cap 771.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$93.5K
$81.8K – $109.1K
NOI $6,547 @ 7.0% cap · market cap 1,007.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
860
Businesses Nearby
Explore this area
Business Placement
Demographics for 01803, MA
26,074
Population
10,468
Households
2.5
Avg Household Size
42
Median Age
58%
College-Educated
96%
High-School Grad
11.3 sq mi
ZIP Area
2,307
Density / Sq Mi
$142,421
Median Household Income
$75,829
Median Earnings
$2,615
Median Rent
$679,400
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Heat, air conditioning, electricity, water, and trash service are included, with shared parking on site.
Where is this office unit located?
The property is located at 121 Middlesex Tpke Unit 1 Burlington, MA.
What are key features of this property?
This property features: 158 SF private office within a 2,265 SF professional suite; Heat, A/C, electricity, water, and trash removal included; Shared on‑site parking available
