Listing Agency: CBRE - Boston r***@cbre.com Show Phone

Listed By: Rob Robledo · License #0777085 Show Phone

Source: Cbre

Added: Mar 16 Changed: Jul 6 Last Checked: Aug 21 at 6:39AM

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Investment Insights

Based on property information with market context.

This property features warehouse space with an associated parking lot. The first floor offers 3,784 square feet of space, complemented by a 1,312-square-foot mezzanine on the second floor. The lot can accommodate up to 8 vehicles. The warehouse is equipped with one overhead door. The location provides convenient access to Interstate 93. The surrounding area has a high population density, with 294,731 residents within a 3-mile radius.

Key Highlights

• Great access to Interstate 93
• Warehouse space with parking lot
• 3,784 SF on the first floor and 1,312 SF mezzanine space on the second floor**

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

1,630

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 02122, MA

24,385

Population

10,039

Households

2.4

Avg Household Size

35

Median Age

38%

College-Educated

81%

High-School Grad

1.7 sq mi

ZIP Area

14,344

Density / Sq Mi

$82,945

Median Household Income

$53,897

Median Earnings

$2,052

Median Rent

$656,400

Median Home Value

Market

Lease Benchmarks for Boston, MA

$22.88 /SF/Yr

Avg Asking Price

$12–$36 /SF/Yr

Price Range

40,830 SF

Avg Space Size

Vacancy Rate% for Industrial in Boston, MA

5.8% 2019

4.4% 2020

3.7% 2021

5.9% 2022

7.1% 2023

9.8% 2024

10.8% 2025

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Frequently Asked Questions

What type of property is this?

Warehouse - Warehouse space with parking and convenient highway access.

Where is this warehouse located?

The property is located at 135 Morrissey Boulevard Boston, MA.

What are key features of this property?

This property features: Great access to Interstate 93; Warehouse space with parking lot; 3,784 SF on the first floor and 1,312 SF mezzanine space on the second floor**