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Corporate Campus Office Space
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199 Rosewood Dr, Danvers, MA 01923

Three-story office building on a corporate campus with recent common-area upgrades and built-to-suit space options.

Property Size7,000 SF
Days on Market1353

Property Features for 199 Rosewood Dr

General Information

Standard status Active
Size 7,000 SF
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Highway Access Yes

Amenities

fitness center with showers
lunch/break area
common upgrades

Building Details

Stories 3
Listing Agency: Nordlund Associates
Listed By: Chris Everest · License #9515067-RE-S
Source: Moodyscre
Added: Nov 16, 2022 Changed: Jul 26 Last Checked: Jul 30 at 2:08PM

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 Nordlund Associates

Investment Insights

Based on property information with market context.

199 Rosewood Drive is a three-story office building within a larger corporate campus, part of a four-building complex totaling approximately 1/2 million SF. The property includes recent improvements to common areas, featuring a fitness center with showers and a lunch/break area, along with other common upgrades. Space is available built to suit.

The campus provides convenient access to I-95 and Routes 1 and 114.

Bridwell Inc, Lahey Primary Care, and Lahey Behavioral Health are among the campus tenants.

Key Highlights

  • Three‑story office building on a corporate campus
  • Accessible to I‑95 and Routes 1 and 114
  • Recent improvements include a fitness center with showers, plus a lunch/break area and common upgrades

Property Analytics

Current Use

Northshore International Insurance ... Insurance Agency Spitzer Christopher Law Firm Beth Israel Lahey ... Medical Clinic Shorta Yuasa, MD Physician Niis Apex Holdings ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Hair Salon Parking Lot & Garage Building Supply

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.78 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

391
Businesses Nearby

Demographics for 01923, MA

27,987
Population
11,405
Households
2.5
Avg Household Size
46
Median Age
47%
College-Educated
95%
High-School Grad
13.2 sq mi
ZIP Area
2,120
Density / Sq Mi
$117,072
Median Household Income
$59,916
Median Earnings
$2,004
Median Rent
$611,200
Median Home Value

Market

Lease Benchmarks for Danvers, MA

$21.99 /SF/Yr
Avg Asking Price
$12.99–$33.43 /SF/Yr
Price Range
1,576 SF
Avg Space Size

This space is priced 16% below the average of $21.99 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Three-story office building on a corporate campus with recent common-area upgrades and built-to-suit space options.
Where is this office units located?
The property is located at 199 Rosewood Dr Danvers, MA.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: Three‑story office building on a corporate campus; Accessible to I‑95 and Routes 1 and 114; Recent improvements include a fitness center with showers, plus a lunch/break area and common upgrades
(978) 762-0500 Call to check price and availability
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