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Elevator-Access Office Unit
For Lease
$14 SF/Yr CAM $5 /USD/SF/YR

5 Andover #3rd Floor, Billerica, MA 01821

Third-floor commercial space with elevator access, shared parking, and dedicated accessible bathrooms.

Space Size3,300 SF
Property Size3,364 SF
Days on Market128

Property Features for 5 Andover #3rd Floor

General Information

Standard status Active
Size 3,300 SF
Net Rentable 3,300 SF
Total Parking Spaces 8
Elevators Yes
Zoning MIXED USE, Legal Conforming
Lease Type NNN

Space & Availability

Available Space 3,300 SF
Contiguous Space 3,300 SF
Floor 3
Space Use Office

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

CAM $5 /USD/SF/YR
Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $17,743

Amenities

Handicap Accessible Bathrooms

Building Details

Building Size 3,364 SF
Year Built 1962
Listing Agency: John R. Peterson Real Estate
Listed By: John R. Peterson · License #75186
Source: Startpoint
Added: Apr 25 Changed: Aug 29 Last Checked: Aug 22 at 10:18AM

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 John R. Peterson Real Estate

Investment Insights

Based on property information with market context.

This third-floor office unit provides approximately 3,300 square feet within a 1962 elevator-served commercial building. The space has an 8-foot ceiling height, two handicap-accessible bathrooms reserved for the floor, and access to a fully sprinklered building. Elevator entry is available through the rear entrance, and the roof is 12 years old.

The property is located in Billerica Center near Routes 3A, 3, 4, 129, 62, 95, and 495. Shared parking is available at the front and rear of the building, with 24 spaces serving the property. A train station with service to Cambridge and Boston is also nearby. The property is zoned MIXED USE and is legally conforming.

Key Highlights

  • Approximately 3,300+/- square feet on the 3rd floor
  • MIXED USE, Legal Conforming zoning
  • Two handicap‑accessible bathrooms exclusive to the floor

Property Analytics

Current Use

Learning Garden Preschool High School Az-Book-Ah! Kids Center Tutoring Service Boston IT Experts IT Consulting Firm LilacMist IT Services Consultant Peterson Photography Photography Service

Suggested Use

Top Pick Law Firm Barber Shop Plumbing Service (Bike/Boat/Book/etc) Store Electrical Service Cafe & Coffee Shop

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
Sprinkler system
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

394
Businesses Nearby

Demographics for 01821, MA

30,909
Population
11,666
Households
2.6
Avg Household Size
43
Median Age
42%
College-Educated
95%
High-School Grad
16.6 sq mi
ZIP Area
1,862
Density / Sq Mi
$142,564
Median Household Income
$65,056
Median Earnings
$2,211
Median Rent
$581,300
Median Home Value

Market

Lease Benchmarks for Billerica, MA

$19.36 /SF/Yr
Avg Asking Price
$12.57–$48 /SF/Yr
Price Range
7,409 SF
Avg Space Size

This space is priced 28% below the average of $19.36 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Third-floor commercial space with elevator access, shared parking, and dedicated accessible bathrooms.
Where is this office units located?
The property is located at 5 Andover #3rd Floor Billerica, MA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Approximately 3,300+/- square feet on the 3rd floor; MIXED USE, Legal Conforming zoning; Two handicap‑accessible bathrooms exclusive to the floor
More about this property
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