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Flex Space with Overhead Door
New
For Lease
$13.50 SF/Yr CAM $3.27 /USD/SF/YR

289-295 Newburyport Tpke 103, Rowley, MA 01969

The space combines a ground-floor work area with upper-level office potential and three-phase electrical service.

Space Size1,800 SF
Days on Market6

Property Features for 289-295 Newburyport Tpke 103

General Information

Standard status Active
Size 1,800 SF
Net Rentable 1,800 SF
Property subtype Commercial
Lease Type NNN

Space & Availability

Available Space 1,800 SF
Contiguous Space 1,800 SF
Space Use Industrial
Available From Immediate

Lease Terms

Lease Rate $13.50 /USD/SF/YR
Monthly Rent $2,025
Rent per SF/Year $13.50
CAM $3.27 /USD/SF/YR

Additional Details

Three-Phase Power Yes

Taxes and HOA fees

Annual Taxes $42,128

Building Details

Building Size 1,800 SF
Year Built 1972
Listing Agency: Keller Williams Realty
Listed By: Faulkner Commercial Group
Source: Elliman
Added: Oct 7 Last Checked: Oct 11 at 7:51AM

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 Keller Williams Realty

Investment Insights

Based on property information with market context.

This 1,800-square-foot flex space in Rowley includes a 12-foot overhead door, three-phase power, a gas Modine heater and a restroom. A second-floor area offers potential for office use. The property was built in 1972 and has on-site parking.

The space is 3.5 miles from I-95, half a mile from Route 133 and 6 miles from downtown Newburyport. The reported traffic count is 12,000 AADT. The lease is structured as NNN, with utilities additional.

Key Highlights

  • 1,800 square feet of flex space
  • 12‑foot overhead door
  • Three‑phase power and gas Modine heater

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Dental Office Electrical Service Storage Facility Auto Parts Store Garden Center Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

213
Businesses Nearby
Well-served
Demand for This Use

Demographics for 01969, MA

6,161
Population
2,428
Households
2.5
Avg Household Size
47
Median Age
51%
College-Educated
98%
High-School Grad
18.2 sq mi
ZIP Area
339
Density / Sq Mi
$117,177
Median Household Income
$54,773
Median Earnings
$1,424
Median Rent
$633,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Rowley, MA

$13.38 /SF/Yr
Avg Asking Price
$13–$13.5 /SF/Yr
Price Range
12,655 SF
Avg Space Size

This space is priced 1% above the average of $13.38 /SF/Yr.

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - The space combines a ground-floor work area with upper-level office potential and three-phase electrical service.
Where is this flex space located?
The property is located at 289-295 Newburyport Tpke 103 Rowley, MA.
What is the lease rate?
The lease rate is $13.50 SF/Yr.
What are key features of this property?
This property features: 1,800 square feet of flex space; 12‑foot overhead door; Three‑phase power and gas Modine heater
More about this property
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