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Prime Lexington Center Location
For Lease
$21 SF/Yr

21-1834 Massachusetts Ave, Lexington, MA 02420

Spacious unit in Lexington Center with updated common area.

Space SizeContact for details
Days on Market116

Property Features for 21-1834 Massachusetts Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $99,573
Listing Agency: Coldwell Banker Realty - Lexington
Listed By: Elizabeth P. Crampton · License #449506709
Source: Exprealty
Added: May 8 Changed: Aug 20 Last Checked: Aug 30 at 7:07PM

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 Coldwell Banker Realty - Lexington

Investment Insights

Based on property information with market context.

Located in Lexington Center, this second-floor unit is available for lease. The common area has been recently updated with new carpeting and a refinished elevator. The 1826 square foot unit features private offices, floor-to-ceiling built-in shelving, a generously sized conference room, and glass-front French doors. The building is anchored by TD Bank and is located across the street from the Lexington Battle Green. The building is developer-owned. The location provides access to restaurants and shops, with convenient access to Route 2 and 95/128. Assigned parking is available behind the building, with additional street and public lot parking options. Approved uses under Lexington Zoning Bylaw include office, retail, and institutional.

Key Highlights

  • Prime Lexington Center location with excellent visibility across from Lexington Battle Green.
  • Versatile zoning allows for office, retail, institutional, and other uses.
  • Spacious unit with private offices, large conference room, and built‑in shelving.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Parking Lot & Garage Pharmacy

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

NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

581
Businesses Nearby

Demographics for 02420, MA

15,502
Population
5,759
Households
2.7
Avg Household Size
45
Median Age
85%
College-Educated
98%
High-School Grad
7.0 sq mi
ZIP Area
2,215
Density / Sq Mi
$233,068
Median Household Income
$124,695
Median Earnings
$2,771
Median Rent
$1,148,100
Median Home Value

Market

Lease Benchmarks for Lexington, MA

$29.05 /SF/Yr
Avg Asking Price
$21–$38.02 /SF/Yr
Price Range
7,796 SF
Avg Space Size

This space is priced 28% below the average of $29.05 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Spacious unit in Lexington Center with updated common area.
Where is this office units located?
The property is located at 21-1834 Massachusetts Ave Lexington, MA.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Prime Lexington Center location with excellent visibility across from Lexington Battle Green.; Versatile zoning allows for office, retail, institutional, and other uses.; Spacious unit with private offices, large conference room, and built‑in shelving.
More about this property
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