Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    23 Cambridge St Burlington, MA 01803

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Single-story retail showroom with large display windows and ample parking.

    Property size:
    750 SF
    Lot size:
    0.49 Acres

    Property Features for 23 Cambridge St

    General Information

    Size
    750 SF
    Lot size
    0.49 Acres

    We can help!

    Listing Contact
    Edward C. Carbone, Ccim
    Edward C. Carbone, Ccim
    Source: Moodyscre

    Listing Agency: Carbone Commercial Real Estate Listing Agent: Edward C. Carbone, Ccim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Showroom with Excellent Visibility

    This single-story retail showroom offers excellent visibility and features large front display windows. The property includes three restrooms, one of which is handicap accessible, and is air conditioned. A front ramped entry provides accessibility. There are 20 shared parking spaces available. The property is located along Route 3, across from a heavily visited retail plaza with multiple chain anchor stores. It is zoned B-G. The entire space is approximately 4,000 square feet and is available for lease at $30.00 per square foot NNN. There is also the potential to sub-divide the space into three units: Unit 1 and Unit 2 are each approximately 1,500 square feet and available for $42.50 per square foot gross plus utilities. Unit 3 is approximately 750 square feet and available for $40.00 per square foot gross plus utilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Albion Dental Care Dental Office Lucky13Fitness Gym & Fitness Center Hajjar's Big & Tall Clothing & Fashion Store Performance Lifestyles, Inc. Physician Performance Lifestyles Physical ... Medical Clinic

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.188215
    Latitude
    42.482146

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      The District

      Flexible workspace in San Jose Airport
      1500 And, Burlington, MA 01803
      View Details
    • Contact for pricing

      R&D/Creative Office Sublease Opportunity

      Two-story R&D/creative office space with lab infrastructure for sublease.
      75 Blue Sky Dr, Burlington, MA 01803
      View Details
    • Contact for pricing

      Office and R&D Space Available

      Office and advanced R&D space for rent in Burlington, MA.
      15 Blue Sky Dr, Burlington, MA 01803
      View Details
    • Contact for pricing

      Office HQ, Life Science, R&D

      Office space available within a 1.3MM SF corporate campus.
      55 Blue Sky Dr, Burlington, MA 01803
      View Details
    • Contact for pricing

      Office HQ / Life Science Opportunity

      Office space available within a 1.3MM SF corporate campus.
      65 Blue Sky Dr, Burlington, MA 01803
      View Details
    • Contact for pricing

      Office HQ / Life Science Opportunity

      200,000 SF build-to-suit office, lab, and R&D space.
      5 Blue Sky Dr, Burlington, MA 01803
      View Details
    • Contact for pricing
      57,466 SF

      Burlington Office Space for Lease

      Office space with excellent highway access and signage opportunities.
      3 Van De Graaff Dr, Burlington, MA 01803
      View Details
    • Contact for pricing
      10,514 SF

      Burlington Woods Office Space Available

      Office space for rent in Burlington, Massachusetts.
      2 Burlington Woods Dr, Burlington, MA 01803
      View Details
    • Contact for pricing
      227,819 SF

      Office Space with Campus Amenities

      Office building for rent with full-service amenities.
      800 District Ave, Burlington, MA 01803
      View Details
    • Contact for pricing
      110,385 SF

      Burlington Office Park Location

      Office space in Burlington Office Park with highway access.
      1 Wall St, Burlington, MA 01803
      View Details
    • $25 SF/Yr

      Retail End-Cap Space Available

      1,576 SF end-cap space for sublease in Burlington, MA.
      157 Bedford St, Burlington, MA 01803
      View Details

    FAQs

    What type of property is this?
    Retail space - Single-story retail showroom with large display windows and ample parking.
    Where is this retail space located?
    The property is located at 23 Cambridge St Burlington, MA.
    What is the lease rate?
    The lease rate is $84 SF/Yr.
    What are key features of this property?
    This property features: - Located across from a heavily visited retail plaza offering excellent visibility and high traffic.; - Flexible leasing options: entire 4,000 +/-sf space or subdivided units available.; - Single-story retail showroom with large front display windows.
    (781) 935-5444 Call to check price and availability
    Request Owner's contact information
    23 Cambridge St Burlington, MA 01803
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    23 Cambridge St
    Burlington, MA 01803
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23 Cambridge St Burlington, MA 01803
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Edward C. Carbone, Ccim
    Edward C. Carbone, Ccim
    Real Estate License ID: 9015680
    (781) 935-5444 (978) 930-1579
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!