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Industrial Flex Condominium
For Lease
$15 SF/Yr NNN

18 Graf Road, Newburyport, MA 01950

Flex condominium with dedicated office space, open warehouse area, drive-in access, and NNN lease structure.

Space Size2,929 SF
Days on Market84

Property Features for 18 Graf Road

General Information

Standard status Active
Size 2,929 SF
Net Rentable 2,929 SF
Class Class B
Total Parking Spaces 4
Property subtype IND
Zoning CI
Lease Type NNN

Space & Availability

Available Space 2,929 SF
Contiguous Space 2,929 SF
Space Use Flex

Lease Terms

Lease Rate $15 /USD/SF/YR
Monthly Rent $3,661
Rent per SF/Year $15

Warehouse & Industrial

Clear Height 18 ft
Office Build-Out 648 SF
Drive-In Doors 2
Power 220 amps
Three-Phase Power Yes
Sprinkler System Yes

Additional Details

Highway Access Yes

Building Details

Year Built 2006
Buildings 1
Stories 2
Units 1
Listing Agency: KW Commercial Faulkner Commercial Group
Listed By: Cora Harvey · License #9516868
Source: Realnex
Added: Jun 9 Changed: Aug 29 Last Checked: Aug 30 at 12:50PM

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 KW Commercial Faulkner Commercial Group

Investment Insights

Based on property information with market context.

This 2,929 SF industrial flex condominium, built in 2006, combines Class B office space with an open warehouse and shop area. The office component provides a 648 SF open-plan layout, while the production area includes 16–18-foot ceiling heights, two drive-in doors, an ADA restroom, 220 Amp 3 Phase power, and 100% wet sprinklers. The configuration supports a range of industrial and production-oriented operations, subject to tenant requirements and applicable approvals.

The property is at 18 Graf Road in Newburyport’s industrial park, less than 3 miles from I-95 and 5 miles from I-495. Downtown and waterfront Newburyport are minutes away, with restaurants, retail, and professional services nearby. The lease is structured as NNN, with tenants responsible for applicable NNN expenses and utilities in addition to base rent.

Key Highlights

  • 2,929 SF industrial flex condominium at 18 Graf Road
  • 648sf open‑plan office area
  • Open warehouse/shop space with 16‑18' ceiling height

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Parts Store Storage Facility Pharmacy Restaurant Grocery & Convenience Store Food Market

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

18 ft
Clear height
2
Drive-in doors
Yes
Sprinkler system
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

554
Businesses Nearby
Balanced
Demand for This Use

Demographics for 01950, MA

18,289
Population
8,298
Households
2.2
Avg Household Size
50
Median Age
66%
College-Educated
98%
High-School Grad
8.4 sq mi
ZIP Area
2,177
Density / Sq Mi
$144,259
Median Household Income
$85,573
Median Earnings
$1,511
Median Rent
$792,400
Median Home Value

Market

Lease Benchmarks for Newburyport, MA

$14.8 /SF/Yr
Avg Asking Price
$14–$16 /SF/Yr
Price Range
15,039 SF
Avg Space Size

This space is priced 1% above the average of $14.8 /SF/Yr.

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex condominium with dedicated office space, open warehouse area, drive-in access, and NNN lease structure.
Where is this flex space located?
The property is located at 18 Graf Road Newburyport, MA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 2,929 SF industrial flex condominium at 18 Graf Road; 648sf open‑plan office area; Open warehouse/shop space with 16‑18' ceiling height
More about this property
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