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Elevator-Served Office/Retail Space
For Lease
$14 SF/Yr NNN

3rd-floor-5 Andover Rd, Billerica, MA 01821

Third-floor space offers 8-foot ceilings, elevator access from a rear entrance, and exclusive handicap-accessible restrooms per floor.

Space SizeContact for details
Days on Market158

Property Features for 3rd-floor-5 Andover Rd

General Information

Standard status Active
Total Parking Spaces 24

Warehouse & Industrial

Clear Height 8 ft
Sprinkler System Yes

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $17,743
Listing Agency: John R. Peterson Real Estate
Listed By: John R. Peterson · License #75186
Source: Exprealty
Added: Mar 26 Changed: Aug 20 Last Checked: Aug 29 at 2:50PM

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 John R. Peterson Real Estate

Investment Insights

Based on property information with market context.

An elevator-served office/retail building suitable for business, professional, school, and religious uses. The available suite is on the 3rd floor and offers 3,300+/- square feet with 8-foot ceiling height. Each floor includes two handicap-accessible bathrooms exclusively for that floor. The building is fully sprinklered for fire safety, and the roof is reported to be 12 years old.

Handicap elevator access is provided from a rear entrance. Parking is available in front and back of the building, shared across the property for 24 cars total, or 8 per floor.

This offering is described as a triple net lease with an estimated $5 per square foot that covers taxes, insurance, elevator, and maintenance. The property is described as convenient to Routes 3A, 3, 4, 129 62, 95, and 495, as well as a train station to Cambridge and Boston.

Key Highlights

  • 3rd‑floor space with 3,300+/- SF and 8‑foot ceilings
  • Elevator access from a rear entrance with handicap accessibility
  • Each floor includes 2 handicap‑accessible bathrooms exclusive to that floor

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Building Supply Auto Repair Shop Hair Salon

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

8 ft
Clear height
Yes
Sprinkler system
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

96
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

Lease Benchmarks for Billerica, MA

$19.36 /SF/Yr
Avg Asking Price
$12.57–$48 /SF/Yr
Price Range
7,409 SF
Avg Space Size

This space is priced 28% below the average of $19.36 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Third-floor space offers 8-foot ceilings, elevator access from a rear entrance, and exclusive handicap-accessible restrooms per floor.
Where is this office units located?
The property is located at 3rd-floor-5 Andover Rd Billerica, MA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 3rd‑floor space with 3,300+/- SF and 8‑foot ceilings; Elevator access from a rear entrance with handicap accessibility; Each floor includes 2 handicap‑accessible bathrooms exclusive to that floor
More about this property
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