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Office and R&D Ready Building
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3 Federal St, Billerica, MA 01821

90,000 SF building suitable for R&D and office use.

Space SizeContact for details
Days on Market139

Property Features for 3 Federal St

General Information

Standard status Active
Class B
Property subtype coworking
Listing Agency: Boston
Listed By: Matt Daniels · License #9519768
Source: Property.jll
Added: Apr 9 Changed: Aug 25 Last Checked: Aug 24 at 3:12AM

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 Boston

Investment Insights

Based on property information with market context.

The property at 3 Federal Street is a 90,000 square foot, three-story building suitable for both research and development and office use. It is part of a 260,000 square foot master-planned office and technology park located in Billerica, Massachusetts. The building features large, open floor plates and access to all floors via stairs. There is an open lobby area and two loading docks. The location provides convenient access to Route 3, I-495, and I-95, and is positioned between Burlington and Lowell. Abundant on-site parking is available, and an on-site food truck provides grab-and-go meals. The property is located directly off of Route 3 at Exit 7, and is 7 minutes from I-495 and I-95.

Key Highlights

  • Ideal access to Route 3, I‑495, and I‑95 for convenient commuting and tenant access.
  • 90,000 SF three‑story building suitable for both R&D and office use.
  • Part of a 260,000 SF master‑planned office and technology park.

Property Analytics

Current Use

Genband Electronics & Wireless Store PureHoney Technologies Research Foundation SeqLL, LLC Corporate Office Momentum Biotechnologies Corporate Office Jam Plastics Inc Factory

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store

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

111
Businesses Nearby

Demographics for 01821, MA

30,909
Population
11,666
Households
2.6
Avg Household Size
43
Median Age
42%
College-Educated
95%
High-School Grad
16.6 sq mi
ZIP Area
1,862
Density / Sq Mi
$142,564
Median Household Income
$65,056
Median Earnings
$2,211
Median Rent
$581,300
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Office building - 90,000 SF building suitable for R&D and office use.
Where is this office building located?
The property is located at 3 Federal St Billerica, MA.
What are key features of this property?
This property features: Ideal access to Route 3, I‑495, and I‑95 for convenient commuting and tenant access.; 90,000 SF three‑story building suitable for both R&D and office use.; Part of a 260,000 SF master‑planned office and technology park.
More about this property
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