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Industrial Flex Property with Outdoor Storage
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For Lease
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124 Prospect Street, Waltham, MA 02453

A fully built-out office component accompanies the warehouse facility.

Space Size34,563 SF
Lot Size0.92 Acres
Days on Market1

Property Features for 124 Prospect Street

General Information

Standard status Active
Size 34,563 SF
Net Rentable 34,563 SF
Lot size 0.92 Acres
Property subtype Retail

Space & Availability

Available Space 34,563 SF
Contiguous Space 34,563 SF
Space Use Flex

Additional Details

Outdoor Storage Yes
Listing Agency: CBRE - Boston
Listed By: Zack Mittelstadt · License #9579330
Source: Cbre
Added: Sep 26 Last Checked: Sep 26 at 3:27PM

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 CBRE - Boston

Investment Insights

Based on property information with market context.

This industrial flex property contains 34,563 square feet on 0.92 acres. The facility combines fully built-out office space with a warehouse area and outdoor storage, bringing office and industrial functions together on the same property.

Key Highlights

  • 34,563 SF industrial flex property
  • Situated on 0.92 acres
  • Fully built‑out office space

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Butcher Travel Agency Tattoo & Piercing Shop Florist (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,630
Businesses Nearby
Balanced
Demand for This Use

Demographics for 02453, MA

31,854
Population
13,163
Households
2.4
Avg Household Size
34
Median Age
59%
College-Educated
92%
High-School Grad
3.6 sq mi
ZIP Area
8,848
Density / Sq Mi
$114,029
Median Household Income
$58,036
Median Earnings
$2,063
Median Rent
$666,300
Median Home Value

Market

Lease Benchmarks for Waltham, MA

$19.38 /SF/Yr
Avg Asking Price
$10–$25.53 /SF/Yr
Price Range
12,975 SF
Avg Space Size

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - A fully built-out office component accompanies the warehouse facility.
Where is this flex space located?
The property is located at 124 Prospect Street Waltham, MA.
What are key features of this property?
This property features: 34,563 SF industrial flex property; Situated on 0.92 acres; Fully built‑out office space
More about this property
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