Newly Built Flex Space with Garage
New
For Lease
$4,750/Mo
1130 Eastern Ave 1, Malden, MA 02148
Newly built flex space featuring garage bays, a second-floor office, and heating/AC.
Property Size2,000 SF
Days on Market3
Property Features for 1130 Eastern Ave 1
General Information
Standard status
Active
Size
2,000 SF
Net Rentable
2,000 SF
Property subtype
Commercial
Space & Availability
Available Space
2,000 SF
Contiguous Space
2,000 SF
Floor
2
Space Use
Office
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Warehouse & Industrial
Warehouse Space
1,500 SF
Office Build-Out
500 SF
Conditioned Warehouse
Yes
Amenities
Shower
Building Details
Year Built
2026
Listing Agency:
(781) 333-7882
Listed By:
David Klovee
(781) 333-7882
Source:
Elliman
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 31 at 5:30AM
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 David Klovee
Investment Insights
Based on property information with market context.
Newly built flex space offering multiple garage bays with 1,500 square feet of garage space plus an additional 500 square feet of second-floor office space. The facility includes a restroom with a shower, a 6-inch concrete slab, and 14 foot-high garage bay doors for vehicle access. Heating/AC is included.
Tenants are responsible for sub-metered water/sewer, heat, and electricity. BikeScore is 55 and walkScore is 90, with transitScore of 58.
Built in 2026, this setup is designed to support light flex uses that benefit from both enclosed garage operations and an office component.
Tenants are responsible for sub-metered water/sewer, heat, and electricity. BikeScore is 55 and walkScore is 90, with transitScore of 58.
Built in 2026, this setup is designed to support light flex uses that benefit from both enclosed garage operations and an office component.
Key Highlights
- 1,500 square feet of garage space with multiple garage bays
- Additional 500 square feet of second‑floor office space
- Restroom with shower
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$4.27 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
880
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02148, MA
66,274
Population
28,043
Households
2.4
Avg Household Size
36
Median Age
45%
College-Educated
87%
High-School Grad
5.0 sq mi
ZIP Area
13,255
Density / Sq Mi
$95,298
Median Household Income
$56,077
Median Earnings
$2,066
Median Rent
$607,500
Median Home Value
Market
Lease Benchmarks for Malden, MA
$29.54 /SF/Yr
Avg Asking Price
$20.31–$42 /SF/Yr
Price Range
3,438 SF
Avg Space Size
This space is priced 4% below the average of $29.54 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - Newly built flex space featuring garage bays, a second-floor office, and heating/AC.
Where is this flex space located?
The property is located at 1130 Eastern Ave 1 Malden, MA.
What is the lease rate?
The lease rate is $4,750 /Mo.
What are key features of this property?
This property features: 1,500 square feet of garage space with multiple garage bays; Additional 500 square feet of second‑floor office space; Restroom with shower