Building Details

Building Size 7,496 SF

Year Built 1915

Stories 2

Listing Agency: V & E Realty v***@verizon.net Show Phone

Listed By: Derek Wong · License #455500324 Show Phone

Source: Startpoint

Added: Jul 9 Changed: Aug 24 Last Checked: Aug 25 at 8:56AM

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Investment Insights

Based on property information with market context.

Available for lease in Boston, this approximately 7,496-square-foot flex/industrial suite is configured over two levels. The unit includes a goods lift in the space, with the first floor measuring approximately 4,264 square feet and the second floor measuring approximately 3,232 square feet. The space is described as suitable for multiple industrial uses, including manufacturing, food processing, storage, and warehousing.

The property features a loading dock and an overhead door high enough for a van to drive into the space. Two reserved parking spaces are included for the unit. The tenant is responsible for installing their own heating unit/HVAC. This is offered under a triple-net (NNN) lease structure, with CAM noted at $6.50 per square foot, and lessee due diligence is required regarding intended use and condition of the premises.

Key Highlights

• Approx. 7,496 sq. ft. two‑level warehouse/flex unit with 4,264 sq. ft. on the 1st floor and 3,232 sq. ft. on the 2nd floor
• Includes a loading dock and a goods lift servicing the unit
• Van‑height overhead door and loading dock access for easy drive‑in loading

Property Analytics

Property Profile

Current Use

C G Edwards Big Box & Wholesale Store Molecular Systems of New ... Industrial Consultant Life Raft & Survival ... Building Supply

Suggested Use

Top Pick Accounting Firm Law Firm (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Cosmetic Store Plumbing Service

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

1

Drive-in doors

NNN (Triple Net)

Lease Type

$6.50 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,950

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 02127, MA

37,939

Population

19,495

Households

1.9

Avg Household Size

31

Median Age

69%

College-Educated

95%

High-School Grad

2.1 sq mi

ZIP Area

18,066

Density / Sq Mi

$156,373

Median Household Income

$85,444

Median Earnings

$2,435

Median Rent

$858,600

Median Home Value

Market

Lease Benchmarks for Boston, MA

$21.36 /SF/Yr

Avg Asking Price

$11–$30 /SF/Yr

Price Range

16,560 SF

Avg Space Size

This space is priced 16% below the average of $21.36 /SF/Yr.

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

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Two-level warehouse/flex unit with loading dock, goods lift, and van-height overhead door, offered on a triple-net basis.

Where is this flex space located?

The property is located at 181 Old Colony Avenue #E Boston, MA.

What is the lease rate?

The lease rate is $18 SF/Yr.

What are key features of this property?

This property features: Approx. 7,496 sq. ft. two‑level warehouse/flex unit with 4,264 sq. ft. on the 1st floor and 3,232 sq. ft. on the 2nd floor; Includes a loading dock and a goods lift servicing the unit; Van‑height overhead door and loading dock access for easy drive‑in loading