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Industrial Flex Condominium Unit
For Lease
$13.50 SF/Yr NNN

3-678 Andover St, Lawrence, MA 01843

Warehouse and office improvements support contractor, assembly, light manufacturing, and distribution operations.

Space Size8,300 SF
Days on Market173

Property Features for 3-678 Andover St

General Information

Standard status Active
Size 8,300 SF
Net Rentable 8,300 SF
Lease Type NNN

Space & Availability

Available Space 8,300 SF
Contiguous Space 8,300 SF
Space Use Flex

Warehouse & Industrial

Clear Height 14 ft
Power 400 amps
Three-Phase Power Yes

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $21,197
Listing Agency: Keller Williams Realty
Listed By: Faulkner Commercial Group
Source: Exprealty
Added: Mar 19 Changed: Sep 6 Last Checked: Sep 7 at 12:36PM

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 9,975 SF industrial flex condominium unit combines warehouse, shop, showroom, and office areas. The layout includes a large open work area, dock-high loading, 16-foot ceilings with 14 feet of clear height, and 400-amp, 3-phase electrical service. Office improvements include private offices, an open team and conference area, a showroom, kitchen and break space, and ADA-compliant restrooms.

Approximately 1,500 SF of high-bay space is leased at-will and may be available, while approximately 8,300 SF is available for occupancy. The property is located on Andover Street in Lawrence with access to I-93 and I-495. The lease structure is NNN, with the tenant responsible for utilities and NNN expenses in addition to base rent.

Key Highlights

  • 9,975 SF industrial flex condominium unit
  • Approximately 8,300 SF available for occupancy
  • Approximately 1,500 SF high‑bay area leased at‑will and may be available

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Garden Center Catering Service (Bike/Boat/Book/etc) Store Acupuncture Locksmith Travel Agency

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

14 ft
Clear height
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,203
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01843, MA

28,346
Population
10,968
Households
2.6
Avg Household Size
34
Median Age
20%
College-Educated
79%
High-School Grad
3.4 sq mi
ZIP Area
8,337
Density / Sq Mi
$72,163
Median Household Income
$38,957
Median Earnings
$1,703
Median Rent
$393,700
Median Home Value

Market

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 - Warehouse and office improvements support contractor, assembly, light manufacturing, and distribution operations.
Where is this flex space located?
The property is located at 3-678 Andover St Lawrence, MA.
What is the lease rate?
The lease rate is $13.50 SF/Yr.
What are key features of this property?
This property features: 9,975 SF industrial flex condominium unit; Approximately 8,300 SF available for occupancy; Approximately 1,500 SF high‑bay area leased at‑will and may be available
More about this property
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