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Downtown Office Suite
For Lease
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11 Chestnut St, Andover, MA 01810

Downtown office space offered for lease in Andover, MA.

Space Size1,750 SF
Days on Market972

Property Features for 11 Chestnut St

General Information

Standard status Active
Size 1,750 SF
Property subtype OFFICE

Spaces For Lease

at 11 Chestnut St Contact us

11 Chestnut St

Floor
1
Size
1,750 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
Yes
- For lease - Downtown office space
Contact us
Listing Agency: NAI | Parsons Commercial Group - Boston
Listed By: Alex Berger · License #9522426
Source: Moodyscre
Added: Dec 18, 2023 Changed: Aug 8 Last Checked: Aug 16 at 6:34AM

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 NAI | Parsons Commercial Group - Boston

Investment Insights

Based on property information with market context.

Available for lease, this downtown office space is located at 11 Chestnut St in Andover, Massachusetts. The property comprises approximately 1,750 square feet and is being marketed as an office unit/suite suitable for office use.

The offering is positioned as downtown office space, supporting convenient access for business operations within the central area.

For tenants and brokers seeking a centrally located footprint, this suite provides a defined office size within the downtown market.

Key Highlights

  • Downtown office space offered for lease
  • Located in Andover, MA

Property Analytics

Current Use

FedEx Drop Box Postal Service Wendy Ring Physician Nicole Martin Physician Chelsea Monfalcone Physician Jennifer Anderson Physician

Suggested Use

Top Pick Auto Parts Store HVAC Service Big Box & Wholesale Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Home Appliance Store

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

1,648
Businesses Nearby

Demographics for 01810, MA

35,621
Population
13,803
Households
2.6
Avg Household Size
43
Median Age
75%
College-Educated
97%
High-School Grad
30.5 sq mi
ZIP Area
1,168
Density / Sq Mi
$167,591
Median Household Income
$86,838
Median Earnings
$2,046
Median Rent
$813,800
Median Home Value

Market

Lease Benchmarks for Andover, MA

$28.7 /SF/Yr
Avg Asking Price
$22–$35 /SF/Yr
Price Range
8,329 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Downtown office space offered for lease in Andover, MA.
Where is this office units located?
The property is located at 11 Chestnut St Andover, MA.
What are key features of this property?
This property features: Downtown office space offered for lease; Located in Andover, MA
(617) 304-2181 Call to check price and availability
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