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Office Flex and R&D Space
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187 Lexington St, Waltham, MA 02452

Sublease offering warehouse space with high ceilings, drive-in access, and second-floor offices with dedicated kitchen amenities.

Space Size18,154 SF
Property Size22,564 SF
Days on Market94

Property Features for 187 Lexington St

General Information

Standard status Active
Size 18,154 SF
Total Parking Spaces 47
Property subtype Office

Warehouse & Industrial

Clear Height 22 ft
Drive-In Doors 3
Heavy Power Yes

Building Details

Building Size 22,564 SF
Stories 2

Spaces For Lease

at 187 Lexington St Contact us

18,154 SF on 1st & 2nd Floors

Size
18,154 SF
Type
Flex Space
Term
Negotiable
Rate
Contact for pricing
Contact us
Listed By: Tim Latham
Source: Lpc
Added: Jun 1 Changed: Aug 8 Last Checked: Sep 1 at 4:25PM

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 Tim Latham

Investment Insights

Based on property information with market context.

Available for sublease, this office/flex/R&D space combines a warehouse component with a finished second-floor office setup. The offering includes 12,433 square feet of warehouse area plus 5,721 square feet of office space, with ceiling heights up to 22 feet 11 inches. The warehouse is supported by three 15-by-15 drive-in doors and includes generous outdoor storage for operational flexibility. Power is available via a 277/480V, 3-phase, 4-wire system, and the warehouse features radiant heating in the floor.

Located at 187 Lexington St in Waltham, MA, the space is described as close to local amenities and regional transportation, supporting both workforce accessibility and day-to-day logistics needs.

This configuration suits tenants looking for a true work-and-office layout, particularly those operating light industrial activities alongside R&D or technical functions. The high-end second-floor office includes a dedicated kitchen and break room, making the space practical for teams that need on-site collaboration without giving up functional warehouse access.

Key Highlights

  • Sublease includes 12,433 SF warehouse plus 5,721 SF 2nd‑floor office space
  • Warehouse features up to 22' 11" ceiling heights
  • Three 15' x 15' drive‑in doors provide warehouse access

Property Analytics

Current Use

Interior Stone & Tile Kitchen & Bath Showroom Brookes + Hill Custom ... Construction Company Back Bay Tile General Contractor FYZICAL Therapy & Balance ... Physician Autentico Mosaic & Bath ... General Contractor

Suggested Use

Top Pick Hotel & Motel Auto Parts Store Clothing & Fashion Store Pet Grooming Service (Bike/Boat/Book/etc) Store Daycare Center

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

22 ft
Clear height
3
Drive-in doors
Yes
Heavy power
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,509
Businesses Nearby
Balanced
Demand for This Use

Demographics for 02452, MA

15,340
Population
5,838
Households
2.6
Avg Household Size
33
Median Age
54%
College-Educated
93%
High-School Grad
3.8 sq mi
ZIP Area
4,037
Density / Sq Mi
$112,902
Median Household Income
$41,351
Median Earnings
$2,325
Median Rent
$779,900
Median Home Value

Market

Lease Benchmarks for Waltham, MA

$16.26 /SF/Yr
Avg Asking Price
$10–$25.53 /SF/Yr
Price Range
19,092 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Sublease offering warehouse space with high ceilings, drive-in access, and second-floor offices with dedicated kitchen amenities.
Where is this flex space located?
The property is located at 187 Lexington St Waltham, MA.
What are key features of this property?
This property features: Sublease includes 12,433 SF warehouse plus 5,721 SF 2nd‑floor office space; Warehouse features up to 22' 11" ceiling heights; Three 15' x 15' drive‑in doors provide warehouse access
More about this property
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