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Third-Floor Mixed-Use Space
For Lease
$14 SF/Yr CAM $5 /USD/SF/YR

5 Andover 3rd Floor, Billerica, MA 01821

Elevator-served office and retail space with floor-exclusive accessible restrooms and shared parking.

Space Size3,300 SF
Days on Market51

Property Features for 5 Andover 3rd Floor

General Information

Standard status Active
Size 3,300 SF
Net Rentable 3,300 SF
Total Parking Spaces 8
Elevators Yes
Lease Type NNN

Space & Availability

Available Space 3,300 SF
Contiguous Space 3,300 SF
Floor 3
Space Use Office
Available From Immediate

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

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

Amenities

handicap accessible bathrooms

Building Details

Year Built 1962
Listing Agency: John R. Peterson Real Estate
Listed By: John R. Peterson · License #75186
Source: Livianhomesct
Added: Sep 9 Changed: Oct 25 Last Checked: Oct 28 at 2:10PM

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

Rey
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Investment Insights

Based on property information with market context.

The third floor offers office and retail space within a mixed-use building suitable for business, professional, school, and religious uses. The floor includes two handicap-accessible bathrooms for its exclusive use, an 8-foot ceiling, and access via a handicap elevator from the rear entrance. The building is fully sprinklered, and the roof is 12 years old.

Shared parking is available at the front and rear of the building, with 24 spaces allocated across the property. The location provides access to Routes 3A, 3, 4, 129, 62, 95, and 495, along with train service to Cambridge and Boston.

Key Highlights

  • Third‑floor office and retail space suitable for business, professional, school, and religious uses
  • Two handicap‑accessible bathrooms exclusive to the floor
  • Handicap elevator access from the rear entrance

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Learning Garden Preschool High School Az-Book-Ah! Kids Center Tutoring Service Boston IT Experts IT Consulting Firm LilacMist IT Services Consultant Peterson Photography Photography Service

Suggested Use

Top Pick Law Firm Barber Shop Plumbing Service Electrical Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

394
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Elevator-served office and retail space with floor-exclusive accessible restrooms and shared parking.
Where is this mixed-use property located?
The property is located at 5 Andover 3rd Floor 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 and retail space suitable for business, professional, school, and religious uses; Two handicap‑accessible bathrooms exclusive to the floor; Handicap elevator access from the rear entrance
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