Search
Flex Warehouse with Office
For Lease
$14.50 SF/Yr

31 Flagship Dr, North Andover, MA 01845

Flex/industrial unit includes dock access, 14’ clear height, and a separately metered office-warehouse layout for light business use.

Space SizeContact for details
Days on Market56

Property Features for 31 Flagship Dr

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $28,081
Listing Agency: Nordlund Associates
Listed By: Chris Everest · License #053563
Source: Exprealty
Added: Jun 26 Changed: Aug 15 Last Checked: Aug 19 at 12:27PM

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 Nordlund Associates

Investment Insights

Based on property information with market context.

31 Flagship Dr. presents a 3,200+/- square foot flex/industrial unit designed with both office and warehouse space under one roof. The configuration includes approximately 1,200 sf of office and 2,000 sf of warehouse, supporting day-to-day operations that require administrative space alongside functional work areas. The unit offers loading dock access and 14’ clear height, with utilities provided via separate metering.

The space is part of a flex/industrial setup at 31 Flagship Dr. in North Andover, Massachusetts. Each unit is configured to support operational needs typical of contractors, service operators, and distribution-oriented businesses.

This layout is a practical fit for trades contractors, service businesses, light distribution and storage users, e-commerce operators, and light assembly or manufacturing users. With dock-level loading and a meaningful ceiling height for material movement and storage, the space is designed to accommodate a range of light industrial workflows while maintaining on-site office functionality for coordination and customer-facing needs.

Key Highlights

  • Flex/industrial unit with 3,200+/- SF total space: approx. 1,200 SF office and 2,000 SF warehouse
  • Loading dock access and 14’ clear height throughout the warehouse area
  • Separately metered office‑warehouse layout

Property Analytics

Current Use

Powder Tech Associates ... Laboratory

Suggested Use

Top Pick Building Supply Restaurant Big Box & Wholesale Store Storage Facility Auto Repair Shop 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
$2.18 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

795
Businesses Nearby
Balanced
Demand for This Use

Demographics for 01845, MA

31,855
Population
12,010
Households
2.7
Avg Household Size
39
Median Age
61%
College-Educated
97%
High-School Grad
26.4 sq mi
ZIP Area
1,207
Density / Sq Mi
$134,319
Median Household Income
$64,592
Median Earnings
$2,113
Median Rent
$670,000
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Flex/industrial unit includes dock access, 14’ clear height, and a separately metered office-warehouse layout for light business use.
Where is this flex space located?
The property is located at 31 Flagship Dr North Andover, MA.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: Flex/industrial unit with 3,200+/- SF total space: approx. 1,200 SF office and 2,000 SF warehouse; Loading dock access and 14’ clear height throughout the warehouse area; Separately metered office‑warehouse layout
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message