Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Warehouse/Flex Space For Lease Title is generated by Realmo AI

    5 Waltham Street, Wilmington, MA 01887

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    78,900 SF warehouse/flex space available for lease.

    Type:Retail, Office, Industrial
    Property size:
    78,900 SF
    Added:
    Oct 14, 2023
    Days on Market:
    941
    Last Refresh:
    Mar 17 at 1:20 pm

    Property Features for 5 Waltham Street

    General Information

    Standard status
    Active
    Size
    78,900 SF
    Property subtype
    Retail, Office, Industrial

    Spaces For Lease

    at 5 Waltham Street Contact us

    We can help!

    Listing Contact
    James Stubblebine
    James Stubblebine

    Listing agent James Stubblebine License #MA 9015511

    Listing office The Stubblebine Company

    Listing date Oct 14, 2023

    Source Crexi

    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

    HighLights

    • 78,900 SF of Warehouse/Flex Space available for lease.
    • Warehouse space available.
    • Flex space available.
    • Property is a warehouse.
    • Property is a flex space.

    Overview

    This property offers 78,900 square feet of warehouse and flex space available for lease. It is suitable for a variety of commercial real estate purposes, including flex space, industrial, warehouse, office, and retail use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Heights Garage Doors ... Building Supply Xpress Movers Moving Company LTD Office Solutions (Bike/Boat/Book/etc) Store Brooks Bargain Furniture & Home Goods Miller Service Co ... Big Box & Wholesale Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1573276
    Latitude
    42.5655496

    Nearby Similar for Lease

    • $5,250/Mo

      Renovated Office/Light Manufacturing Space

      First floor, renovated space suitable for office or light manufacturing.
      760 Main St, Wilmington, MA
      View Details
    • Contact for pricing

      Restaurant Ready Commercial Building

      Freestanding 744 SF commercial building, formerly a fast-food restaurant.
      433 Main Street, Wilmington, MA 01867
      View Details
    • $12 SF/Yr

      Furnished Flex/Office Space Available

      Fully furnished flex/office space with modern amenities and ample parking.
      205 Lowell St, Wilmington, MA
      View Details
    • Contact for pricing

      Retail Space at Signalized Intersection

      Retail opportunity in new development with high traffic count.
      Wilmington, MA 01887
      View Details
    • Contact for pricing

      Single-Story Office/R&D Building For Rent

      Single-story office/R&D building with clean rooms and cafeteria.
      110 Fordham Rd, Wilmington, MA
      View Details
    • Contact for pricing

      Wilmington Warehouse/Distribution Space Available

      40,332 SF warehouse/distribution space with 2,000 SF office.
      1 Cornell Pl, Wilmington, MA
      View Details
    • Contact for pricing

      Office Space in Wilmington, MA

      Office space available for rent in Wilmington, Massachusetts.
      60 Concord St, Wilmington, MA
      View Details
    • Contact for pricing

      Industrial/Manufacturing Space For Rent

      Industrial and manufacturing space available for lease in Wilmington, MA.
      100 Fordham Road, Wilmington, MA 01887
      View Details
    • Contact for pricing

      Flex/Industrial/Office Building Opportunity

      Flex/Industrial/Office space available for lease in Wilmington, MA.
      65 Industrial Way, Wilmington, MA
      View Details
    • Contact for pricing

      Wilmington Flex/Industrial Space For Rent

      Flex/industrial space available for lease in Wilmington, Massachusetts.
      1 Jewel Dr, Wilmington, MA
      View Details
    • Contact for pricing

      Retail Space Near Target Store

      New retail development near Route 125 and a Target store.
      206 Ballardvale St, Wilmington, MA
      View Details
    • Contact for pricing

      Wilmington Flex/Industrial Space For Lease

      Flex/industrial space with loading docks and ample parking near I-93.
      50-90 Research Dr, Wilmington, MA
      View Details

    FAQs

    What type of property is this?
    Flex space - 78,900 SF warehouse/flex space available for lease.
    Where is this flex space located?
    The property is located at 5 Waltham Street Wilmington, MA.
    What are key features of this property?
    This property features: 78,900 SF of Warehouse/Flex Space available for lease.; Warehouse space available.; Flex space available.
    (781) 862-6168 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing James Stubblebine
    James Stubblebine
    Real Estate License ID: MA 9015511
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5 Waltham Street, Wilmington, MA 01887
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!