Furnished Office
For Sale
Contact for pricing
Pending
1565 Lakeview Avenue Unit 101, Dracut, MA 01826
Move-in-ready workspace with conference rooms, workstations, and utilities included.
Property Size1,700 SF
Days on Market54
Property Features for 1565 Lakeview Avenue Unit 101
General Information
Standard status
Pending
Size
1,700 SF
Property subtype
Commercial
Additional Details
Furnished
Yes
Amenities
conference rooms
cubicles
Building Details
Year Built
1999
Listing Agency:
Beaudoin & Associates, REALTOR
(978) 957-4000
Listed By:
Brenda Beaudoin
(978) 265-0943
Source:
Lockandkeyre
Added: Sep 6
Changed: Oct 29
Last Checked: Oct 28 at 8:16AM
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 Beaudoin & Associates, REALTOR
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Investment Insights
Based on property information with market context.
This furnished office unit provides a ready-to-use professional setting with two conference rooms and six cubicles. The layout is suited to a real estate office, mortgage company, law office, or a shared professional office arrangement. Utilities are included, and the property also offers signage for identification. Built in 1999, the unit is located at 1565 Lakeview Avenue, Unit 101, in Dracut, Massachusetts.
Key Highlights
- Furnished office unit with utilities included
- Two conference rooms
- Six cubicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,942
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,078,840
$1.1M
Cap Rate 7%
$770,600
$770.6K
Cap Rate 9%
$599,356
$599.4K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$92.2K $54.24/SF
− Vacancy
−$20.3K −$11.93/SF
EGI
$71.9K $42.31/SF
− OpEx
−$18.0K −$10.58/SF
NOI
$53.9K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,078,840
Cap Rate 7%
$770,600
Cap Rate 9%
$599,356
Alternative Uses
Best Use
Office B
$770.6K
$674.3K – $899.0K
NOI $53,942 @ 7.0% cap · market cap 1,541.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$880.6K – $1.17M
NOI $70,448 @ 7.0% cap · market cap 2,012.80%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
263
Businesses Nearby
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Business Placement
Demographics for 01826, MA
32,689
Population
12,480
Households
2.6
Avg Household Size
42
Median Age
35%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
1,572
Density / Sq Mi
$111,451
Median Household Income
$58,361
Median Earnings
$1,740
Median Rent
$466,200
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Move-in-ready workspace with conference rooms, workstations, and utilities included.
Where is this office unit located?
The property is located at 1565 Lakeview Avenue Unit 101 Dracut, MA.
What are key features of this property?
This property features: Furnished office unit with utilities included; Two conference rooms; Six cubicles
