Flex Industrial Unit with
For Lease
$14 SF/Yr
31 Flagship Dr, North Andover, MA 01845
Flex/industrial unit offers loading dock access, 14' clear height, and a separately metered office-warehouse layout.
Space SizeContact for details
Property Size3,200 SF
Days on Market67
Property Features for 31 Flagship Dr
General Information
Standard status
Active
Size
3,200 SF
Zoning
I1
Additional Details
Clear Height
14 ft
Taxes and HOA fees
Annual Taxes
$28,081
Building Details
Building Size
3,200 SF
Year Built
1981
Listing Agency:
Nordlund Associates
(978) 762-0500
Listed By:
Chris Everest · License #053563
Source:
Insightrealtygroup
Added: Jun 26
Changed: Aug 14
Last Checked: Aug 31 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 Nordlund Associates
Investment Insights
Based on property information with market context.
This flex/industrial unit provides approximately 1,200 sf of office space and 2,000 sf of warehouse area within a 3,200+/- square foot configuration. The space includes loading dock access and offers 14’ clear height. The office and warehouse areas are separately metered, supporting straightforward utility management.
The property is located at 31 Flagship Dr in North Andover, MA and is presented for lease.
Built for mixed-use operations, the layout supports light distribution, storage, e-commerce fulfillment, and light assembly/manufacturing, along with service and trade-focused business needs.
The property is located at 31 Flagship Dr in North Andover, MA and is presented for lease.
Built for mixed-use operations, the layout supports light distribution, storage, e-commerce fulfillment, and light assembly/manufacturing, along with service and trade-focused business needs.
Key Highlights
- 3,200+/- SF flex/industrial unit with approx. 1,200 SF office and 2,000 SF warehouse
- Loading dock access for each unit
- 14’ clear height throughout the warehouse
Property Analytics
Property Profile
Current Use
Lease Details
14 ft
Clear height
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
795
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Lease Benchmarks for North Andover, MA
$22.5 /SF/Yr
Avg Asking Price
$14–$48 /SF/Yr
Price Range
5,701 SF
Avg Space Size
This space is priced 38% below the average of $22.5 /SF/Yr.
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex/industrial unit offers loading dock access, 14' clear height, and a separately metered office-warehouse layout.
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 SF/Yr.
What are key features of this property?
This property features: 3,200+/- SF flex/industrial unit with approx. 1,200 SF office and 2,000 SF warehouse; Loading dock access for each unit; 14’ clear height throughout the warehouse
