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Medical Office Space Available
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5 Branch Street, Methuen, MA 01844

Cutting-edge medical space for lease in Merrimack Valley.

Space SizeContact for details
Days on Market168

Property Features for 5 Branch Street

General Information

Standard status Active
Property subtype Office
Listing Agency: NAI | Parsons Commercial Group - Boston
Listed By: Matt Quinlan · License #9522426
Source: Naiglobal
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 21 at 5:07AM

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 NAI | Parsons Commercial Group - Boston

Investment Insights

Based on property information with market context.

Approximately 33,000 square feet of medical space is available for lease on the second floor of 5 Branch Street. The space can be subdivided to approximately 8,000 square feet to suit specific space requirements. The property is located in the Merrimack Valley, a healthcare market situated 20 miles north of Boston. It offers convenient access via Interstate 93 and Interstate 495, with an on-site Merrimack Valley Regional Transit Authority (MVRTA) bus stop. The location was selected following a strategic planning process by Dana-Farber Cancer Institute. A tenant improvement package is available. Parking is provided at a ratio of 4.0 per 1,000 square feet. The property is located at the intersection of I-93 and Route 13, and is 3.5 miles from I-495. The building features a built-in café and a Starbucks in the lobby. There is a monument signage opportunity.

Key Highlights

  • Up to ±33,000 SF of cutting‑edge medical space, subdividable to ±8,000 SF.
  • Unmatched visibility and highway access via I‑93 and I‑495.
  • Abundant parking with a 4.0/1,000 SF ratio.

Property Analytics

Current Use

Dr. Ankur Mehta Physician Marina Khitrik-Palchuk Medical Clinic Dana-Farber Cancer Institute ... Medical Clinic Dr. Laura Caprario Physician Catherine Iasiello Physician

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Hair Salon Building Supply

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

Location Intelligence

Trade Area within ½ mile

219
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

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Cutting-edge medical space for lease in Merrimack Valley.
Where is this medical office space located?
The property is located at 5 Branch Street Methuen, MA.
What are key features of this property?
This property features: Up to ±33,000 SF of cutting‑edge medical space, subdividable to ±8,000 SF.; Unmatched visibility and highway access via I‑93 and I‑495.; Abundant parking with a 4.0/1,000 SF ratio.
More about this property
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