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Built-Out Life Science Office Suite
For Lease
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21 Hickory Dr, Waltham, MA 02451

Newly built laboratory and office space is available on the 5th floor for sublease.

Space Size6,183 SF
Days on Market1361

Property Features for 21 Hickory Dr

General Information

Standard status Active
Size 6,183 SF
Class A
Property subtype OFFICE

Site & Location

Highway Access Yes
Road Access Yes

Spaces For Lease

at 21 Hickory Dr
21 Hickory Dr AVAILABLE, Now
Floor 5
Size 6,183 SF
Type OFFICE
Rate Contact for pricing
Sublease Yes
- CBRE is pleased to present an exciting sublease opportunity at 21 Hickory Drive in Waltham, Massachusetts. - Approximately 6,183 SF of newly built out laboratory and office space ready for occupancy on the 5th floor of the building. - 21 Hickory is a Class A life science conversion project located in the heart of Waltham’s established life science corridor. - The property is located in the premier suburban Boston market of Waltham, MA, directly along Route 128, approximately one mile south of the Waltham Woods and Bay Colony office parks. - The site’s location has fantastic visibility along Route 128 and offers convenient access to the Mass Pike. - 3.0 spaces per 1,000 SF subleased, free of charge
Contact us
Listing Agency: CBRE | Boston
Listed By: Rob Kinlin
Source: Moodyscre
Added: Jan 13, 2023 Changed: Sep 9 Last Checked: Oct 4 at 10:54AM

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.

CBRE presents a sublease opportunity featuring approximately 6,183 SF of newly built laboratory and office space ready for occupancy on the 5th floor. The space is part of 21 Hickory, a Class A life science conversion project.

The property is located directly along Route 128 in Waltham, Massachusetts, with visibility from the highway and convenient access to the Mass Pike.

Details on sublease terms indicate 3.0 spaces per 1,000 SF, and parking is described as free of charge.

Key Highlights

  • Approximately 6,183 SF newly built laboratory and office space available on the 5th floor for sublease
  • Class A life science conversion project located in Waltham’s established life science corridor
  • Located directly along Route 128 in Waltham, about one mile south of the Waltham Woods and Bay Colony office parks

Property Analytics

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Current Use

Naveris Corporate Office Meditech (Bike/Boat/Book/etc) Store Electric Vehicle Charging ... Electric Vehicle Charging Station Immunitas Therapeutics Corporate Office

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Auto Repair Shop Grocery & Convenience Store Cafe & Coffee Shop Big Box & Wholesale 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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,113
Businesses Nearby

Demographics for 02451, MA

17,953
Population
7,852
Households
2.3
Avg Household Size
39
Median Age
55%
College-Educated
93%
High-School Grad
5.3 sq mi
ZIP Area
3,387
Density / Sq Mi
$119,509
Median Household Income
$66,318
Median Earnings
$2,537
Median Rent
$709,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Waltham, MA

$24.49 /SF/Yr
Avg Asking Price
$17–$38 /SF/Yr
Price Range
21,086 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 - Newly built laboratory and office space is available on the 5th floor for sublease.
Where is this office units located?
The property is located at 21 Hickory Dr Waltham, MA.
What are key features of this property?
This property features: Approximately 6,183 SF newly built laboratory and office space available on the 5th floor for sublease; Class A life science conversion project located in Waltham’s established life science corridor; Located directly along Route 128 in Waltham, about one mile south of the Waltham Woods and Bay Colony office parks
(617) 912-7091 Call to check price and availability
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