Private Office
For Sale
Contact for pricing
121 Middlesex Tpke Unit 2, Burlington, MA 01803
The workspace includes shared parking and heat, air conditioning, electricity, water, and trash service.
Property Size103 SF
Price / SF$4.37
Days on Market9
Property Features for 121 Middlesex Tpke Unit 2
General Information
Standard status
Active
Size
103 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Property Use
Office
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 5:09PM
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 office of approximately 103 SF is offered within a 2,265 SF professional suite at 121 Middlesex Turnpike. The building dates to 1979, and shared on-site parking is available. Heat, air conditioning, electricity, water, and trash removal are included with the workspace.
The Burlington property is near Burlington Mall, with access to I-95/Route 128 and Route 3. Other private offices in varying sizes may also be available within the suite.
The Burlington property is near Burlington Mall, with access to I-95/Route 128 and Route 3. Other private offices in varying sizes may also be available within the suite.
Key Highlights
- Approximately 103 SF of private office space within a 2,265 SF professional suite
- Located at 121 Middlesex Tpke Unit 2, Burlington, MA 01803
- Heat, A/C, electricity, water, and trash removal included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,268
Suggested Prices Based on Cap Rates
Cap Rate 5%
$65,360
$65.4K
Cap Rate 7%
$46,686
$46.7K
Cap Rate 9%
$36,311
$36.3K
Market Conditions
NOI Build-Up for 103 SF
Gross rent
$5.6K $54.24/SF
− Vacancy
−$1.2K −$11.93/SF
EGI
$4.4K $42.31/SF
− OpEx
−$1.1K −$10.58/SF
NOI
$3.3K $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%
$65,360
Cap Rate 7%
$46,686
Cap Rate 9%
$36,311
Alternative Uses
Best Use
Office B
$46.7K
$40.9K – $54.5K
NOI $3,268 @ 7.0% cap · market cap 726.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$61.0K
$53.4K – $71.1K
NOI $4,268 @ 7.0% cap · market cap 948.44%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The workspace includes shared parking and heat, air conditioning, electricity, water, and trash service.
Where is this office unit located?
The property is located at 121 Middlesex Tpke Unit 2 Burlington, MA.
What are key features of this property?
This property features: Approximately 103 SF of private office space within a 2,265 SF professional suite; Located at 121 Middlesex Tpke Unit 2, Burlington, MA 01803; Heat, A/C, electricity, water, and trash removal included
