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Modern Flex Space With Lab Infrastructure
New
For Lease
$28 SF/Yr

34 Commerce Way L-m, Woburn, MA 01801

Flexible suite combines office, laboratory, and manufacturing functions with heavy power and a sealed loading area.

Space Size29,464 SF
Days on Market2

Property Features for 34 Commerce Way L-m

General Information

Standard status Active
Size 29,464 SF
Net Rentable 29,464 SF

Space & Availability

Available Space 29,464 SF
Contiguous Space 29,464 SF

Additional Details

Heavy Power Yes

Building Details

Year Built 2023
Listing Agency: Wronka, Ltd. Commercial Real Estate Advisors
Listed By: Ernest C. Wronka · License #104146
Source: Lyvrealty
Added: Sep 8 Last Checked: Sep 8 at 2:38PM

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 Wronka, Ltd. Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

Suite L-M provides approximately 29,464 square feet of flex space configured for medical manufacturing, laboratory, support, and office functions. The property was built in 2023 and includes substantial mechanical, electrical, and plumbing infrastructure, heavy power capacity, and a sealed loading area. Office improvements include private offices, conference rooms, open workstations, two kitchens, break areas, and eight private restrooms.

The interior incorporates LED lighting, abundant natural light, and a contemporary layout that balances collaborative areas with private workspaces. The suite was formerly occupied by Amgen and includes improvements described as newly built or minimally used. A lease extension is available directly through ownership.

Key Highlights

  • Approximately 29,464 square feet of flex space in Suite L‑M
  • Configured for medical manufacturing, laboratory, support, and office functions
  • Heavy power capacity with substantial MEP infrastructure

Property Analytics

Current Use

Cytrellis Biosystems, Inc. Production Facility SamsLivExpress,LLC- Limousines and Airport ... Limousine Service EVPassport Charging Station Electric Vehicle Charging Station QSM Diagnostics Laboratory Active Surfaces Inc. Research And Product Development

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Hotel & Motel Parking Lot & Garage

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

Yes
Heavy power
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,151
Businesses Nearby
Well-served
Demand for This Use

Demographics for 01801, MA

40,891
Population
16,982
Households
2.4
Avg Household Size
41
Median Age
47%
College-Educated
94%
High-School Grad
12.7 sq mi
ZIP Area
3,220
Density / Sq Mi
$107,754
Median Household Income
$60,637
Median Earnings
$2,190
Median Rent
$641,800
Median Home Value

Market

Lease Benchmarks for Woburn, MA

$21.33 /SF/Yr
Avg Asking Price
$16.42–$28 /SF/Yr
Price Range
13,772 SF
Avg Space Size

This space is priced 31% above the average of $21.33 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Flex space - Flexible suite combines office, laboratory, and manufacturing functions with heavy power and a sealed loading area.
Where is this flex space located?
The property is located at 34 Commerce Way L-m Woburn, MA.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Approximately 29,464 square feet of flex space in Suite L‑M; Configured for medical manufacturing, laboratory, support, and office functions; Heavy power capacity with substantial MEP infrastructure
More about this property
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