Burlington Office Space for
281 Cambridge St, Burlington, MA
For Sale
Contact for pricing
Second-floor office space with elevator access in a convenient location.
Property Size5,454 SF
Lot Size1.05 Acres
Price / SF$641.73
Days on Market552
Property Features for 281 Cambridge St
General Information
Standard status
Size
Lot size
Property subtype
Properties For Sale
at 281 Cambridge St
281 Cambridge St
AVAILABLE, Now
Floor
2
Size
5,454 SF
Type
OFFICE
Lease Type
NNN
Sublease
No
- 2 nd Floor, elevator
- 8 Offices, conference, open bullpen area
- Reception
- Kitchen / break room
- 2 Restrooms
- Server room
- 3 Storage closets
- Common onsite parking (70 +/-spaces)
- Zoned: BG & CBD
- Conveniently located along Route 3A
- For Lease: $16.00 per sf nnn
- 2025 nets approx. $11.67/sf
Contact us
Listing Agency:
Carbone Commercial Real Estate
(781) 935-5444
Listed By:
Edward C. Carbone, CCIM · License #9015680
(978) 930-1579
Source:
Moodyscre
Added: May 7, 2025
Changed: Aug 8
Last Checked: Aug 26 at 6:35AM
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 Carbone Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This second-floor office space, accessible by elevator, features eight offices, a conference room, and an open bullpen area. The layout includes a reception area, a kitchen/break room, and two restrooms. Additional amenities include a server room and three storage closets. Common onsite parking is available with approximately 70 spaces. The property is zoned BG & CBD and is conveniently located along Route 3A. The lease rate is $16.00 per square foot NNN, with 2025 nets estimated at approximately $11.67 per square foot. The property size is 5,454 square feet.
Key Highlights
- Convenient location along Route 3A
- Features 8 offices, conference room, and open bullpen area
- Elevator access on the 2nd floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$173,058
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,461,160
$3.5M
Cap Rate 7%
$2,472,257
$2.5M
Cap Rate 9%
$1,922,867
$1.9M
Market Conditions
NOI Build-Up for 5,454 SF
Gross rent
$295.8K $54.24/SF
− Vacancy
−$65.1K −$11.93/SF
EGI
$230.7K $42.31/SF
− OpEx
−$57.7K −$10.58/SF
NOI
$173.1K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,461,160
Cap Rate 7%
$2,472,257
Cap Rate 9%
$1,922,867
Alternative Uses
Best Use
Office B
$2.47M
$2.16M – $2.88M
NOI $173,058 @ 7.0% cap · market cap 4.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.23M
$2.83M – $3.77M
NOI $226,012 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities.
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Market
Average Price Trend$/SF for Office Units in Middlesex County, MA
Properties on Market for Office Units in Middlesex County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor office space with elevator access in a convenient location.
Where is this office unit located?
The property is located at 281 Cambridge St Burlington, MA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Convenient location along Route 3A; Features 8 offices, conference room, and open bullpen area; Elevator access on the 2nd floor
