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55 & 59 Allied Drive, Dedham, MA 02026

Two fully leased office buildings are each dedicated to a single long-term tenant anchored by the Commonwealth of Massachusetts.

Property Size23,337 SF
Days on Market123

Property Features for 55 & 59 Allied Drive

General Information

Standard status Active
Size 23,337 SF
Property subtype Office
Occupancy 100%

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: 128 CRE Commercial Real Estate Agency
Listed By: Jeremy Freid · License #MA 9089542-RE-B
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 12:03AM

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 128 CRE Commercial Real Estate Agency

Investment Insights

Based on property information with market context.

128 CRE presents an acquisition opportunity consisting of two fully leased office buildings anchored by the Commonwealth of Massachusetts. The property includes two separate buildings, each fully leased to a single tenant on a long-term basis, creating a core, stable ownership profile. Total building area is 23,337 SF between the two assets.

The buildings are located at 55 & 59 Allied Drive in Dedham, Massachusetts. The site is approximately 1.5 miles and one exit north of University Avenue in Westwood, described in the remarks as a regional transportation hub with daily trains to New York City and Washington, DC. The remarks also indicate the location is at Exit 14 just off heavily trafficked Interstate 95.

This offering is structured around two dedicated, single-tenant office buildings operating under long-term leases with the Commonwealth of Massachusetts as the anchor.

Key Highlights

  • Two fully leased office buildings, each dedicated to a single long‑term tenant anchored by the Commonwealth of Massachusetts
  • Total size of 23,337 SF across the two buildings
  • Both buildings are fully leased on long‑term basis to single tenants

Property Analytics

Current Use

Norfolk County DA's ... County Court Norfolk County Juvenile ... Courthouse

Suggested Use

Top Pick Dental Office Real Estate Agency 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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

768
Businesses Nearby

Demographics for 02026, MA

25,364
Population
10,648
Households
2.4
Avg Household Size
43
Median Age
55%
College-Educated
94%
High-School Grad
10.3 sq mi
ZIP Area
2,463
Density / Sq Mi
$124,375
Median Household Income
$74,594
Median Earnings
$2,058
Median Rent
$630,400
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?
Office building - Two fully leased office buildings are each dedicated to a single long-term tenant anchored by the Commonwealth of Massachusetts.
Where is this office building located?
The property is located at 55 & 59 Allied Drive Dedham, MA.
What are key features of this property?
This property features: Two fully leased office buildings, each dedicated to a single long‑term tenant anchored by the Commonwealth of Massachusetts; Total size of 23,337 SF across the two buildings; Both buildings are fully leased on long‑term basis to single tenants
(617) 916-1028 Call to check price and availability
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