Versatile Commercial Property For
16 Brooks Ave, Quincy, MA 02169
For Sale
Contact for pricing
Standalone commercial property with two spaces, ideal for multiple tenants.
Property Size99,999 SF
Price / SF$0.04
Days on Market501
Property Features for 16 Brooks Ave
General Information
Standard status
Size
Property subtype
Zoning
Lease Type
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
V & E Realty
(617) 786-9399
Listed By:
Derek Wong · License #455500324
(617) 290-8289
Source:
Churchillprop
Added: Jun 25, 2025
Changed: Nov 5
Last Checked: Nov 6 at 6:34AM
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 V & E Realty
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Investment Insights
Based on property information with market context.
This standalone commercial property is available for lease and features two separate spaces, each equipped with its own private entrance, making it suitable for multiple tenants or various business applications. A finished lower level offers additional storage or potential office space, adding to the property's adaptability. The lease is triple net. Street parking is available. The property is currently vacant and easy to show, presenting an opportunity for investors or business owners seeking a flexible space.
Key Highlights
- Standalone commercial property with two separate spaces and private entrances.
- Finished lower level provides additional storage or office space.
- Ideal for multiple tenants or a variety of business uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,612,784
Suggested Prices Based on Cap Rates
Cap Rate 5%
$32,255,680
$32.3M
Cap Rate 7%
$23,039,771
$23.0M
Cap Rate 9%
$17,919,822
$17.9M
Market Conditions
NOI Build-Up for 99,999 SF
Gross rent
$2.40M $24.00/SF
− Vacancy
−$96.0K −$0.96/SF
EGI
$2.30M $23.04/SF
− OpEx
−$691.2K −$6.91/SF
NOI
$1.61M $16.13/SF
Area
Quincy, MA
Vacancy
4.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$32,255,680
Cap Rate 7%
$23,039,771
Cap Rate 9%
$17,919,822
Alternative Uses
Best Use
Office B
$38.70M
$33.86M – $45.15M
NOI $2,708,973 @ 7.0% cap · market cap 77,399.23%
Second Best
Retail
$23.04M
$20.16M – $26.88M
NOI $1,612,784 @ 7.0% cap · market cap 46,079.54%
Theoretical Best
Office A
$59.11M
$51.72M – $68.96M
NOI $4,137,559 @ 7.0% cap · market cap 118,215.97%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,431
Businesses Nearby
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Business Placement
Demographics for 02169, MA
62,140
Population
30,198
Households
2.1
Avg Household Size
39
Median Age
48%
College-Educated
92%
High-School Grad
12.1 sq mi
ZIP Area
5,136
Density / Sq Mi
$92,080
Median Household Income
$60,166
Median Earnings
$1,975
Median Rent
$552,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Office Units in Quincy
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Standalone commercial property with two spaces, ideal for multiple tenants.
Where is this office unit located?
The property is located at 16 Brooks Ave Quincy, MA.
What are key features of this property?
This property features: Standalone commercial property with two separate spaces and private entrances.; Finished lower level provides additional storage or office space.; Ideal for multiple tenants or a variety of business uses.
