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Flex Building on Acreage
New
For Lease
$11.95 SF/Yr

476 Broadway, Methuen, MA 01844

Flex facility available for lease with substantial building area and accompanying land.

Space Size52,700 SF
Lot Size6.90 Acres
Days on Market2

Property Features for 476 Broadway

General Information

Standard status Active
Size 52,700 SF
Net Rentable 52,700 SF
Lot size 6.90 Acres
Property subtype Industrial - Flex - Industrial

Space & Availability

Available Space 52,700 SF
Contiguous Space 52,700 SF
Space Use Flex

Building Details

Building Size 52,700 SF
Year Built 1960
Units 3

Spaces For Lease

at 476 Broadway Contact us

476 Broadway, Methuen, MA $11.95/SF/Yr

Size
52,700 SF
Type
Industrial
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: The Stubblebine Company
Listed By: Micah D. Stubblebine · License #9089495
Source: Commercialcafe
Added: Sep 5 Last Checked: Sep 5 at 3:27PM

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 The Stubblebine Company

Investment Insights

Based on property information with market context.

The property includes a 52,700-square-foot flex building situated on 6.9 acres. Built in 1960, the facility is offered for lease at 476 Broadway in Methuen, Massachusetts.

Key Highlights

  • 52,700 SF flex building
  • Situated on 6.9 acres
  • Built in 1960

Property Analytics

Current Use

Collaborative Alternative High School Pleasant Street Designs ... Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Big Box & Wholesale Store Parking Lot & Garage Grocery & Convenience Store Gym & Fitness Center

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
$1.79 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

292
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01844, MA

52,970
Population
19,496
Households
2.7
Avg Household Size
42
Median Age
30%
College-Educated
89%
High-School Grad
22.1 sq mi
ZIP Area
2,397
Density / Sq Mi
$103,292
Median Household Income
$52,176
Median Earnings
$1,610
Median Rent
$471,900
Median Home Value

Market

Lease Benchmarks for Methuen, MA

$12.67 /SF/Yr
Avg Asking Price
$11.95–$14 /SF/Yr
Price Range
19,563 SF
Avg Space Size

This space is priced 6% below the average of $12.67 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Flex facility available for lease with substantial building area and accompanying land.
Where is this flex space located?
The property is located at 476 Broadway Methuen, MA.
What is the lease rate?
The lease rate is $11.95 SF/Yr.
What are key features of this property?
This property features: 52,700 SF flex building; Situated on 6.9 acres; Built in 1960
More about this property
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