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Third-Floor Office Unit
For Lease
$14 SF/Yr CAM $5 /USD/SF/YR

5 Andover # 3rd Floor Billerica, Billerica, MA 01821

Elevator access, two floor-exclusive accessible bathrooms, shared parking, and mixed-use zoning support professional occupancy.

Space Size3,300 SF
Property Size3,364 SF
Days on Market96

Property Features for 5 Andover # 3rd Floor Billerica

General Information

Standard status Active
Size 3,300 SF
Net Rentable 3,300 SF
Total Parking Spaces 24
Elevators Yes
Zoning MIXED USE
Lease Type NNN

Space & Availability

Available Space 3,300 SF
Contiguous Space 3,300 SF
Floor 3

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

CAM $5 /USD/SF/YR
Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $17,743

Amenities

elevator
handicap accessible bathrooms

Building Details

Building Size 3,364 SF
Year Built 1962
Listing Agency: John R. Peterson Real Estate
Listed By: Amanda Lucido Hodges · License #75186
Source: Bournetosellrealestate
Added: May 28 Changed: Aug 30 Last Checked: Aug 30 at 11:43PM

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.

This third-floor office unit is located in a fully sprinklered, elevator-served building with an 8-foot ceiling height. The floor has two handicap-accessible bathrooms reserved for its occupants, with elevator entry provided through the rear entrance. The building dates to 1962, and the roof is 12 years old.

The property is in Billerica Center with access to Routes 3A, 3, 4, 129, 62, 95, and 495. Shared parking is available at the front and rear of the building, with 24 spaces serving the property and 8 spaces allocated per floor. Mixed-use zoning supports the office, business, professional, school, and religious uses identified for the building.

Key Highlights

  • Third‑floor office unit in a fully sprinklered elevator building
  • Two handicap‑accessible bathrooms exclusive to the floor
  • 8‑foot ceiling height

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

Yes
Sprinkler system
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

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 - Elevator access, two floor-exclusive accessible bathrooms, shared parking, and mixed-use zoning support professional occupancy.
Where is this office units located?
The property is located at 5 Andover # 3rd Floor Billerica Billerica, MA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Third‑floor office unit in a fully sprinklered elevator building; Two handicap‑accessible bathrooms exclusive to the floor; 8‑foot ceiling height
More about this property
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