Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    55 Blue Sky Drive Burlington, MA 01803

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space available within a 1.3MM SF corporate campus.

    Type:Office
    Property size:
    33,922 SF
    Lot size:
    158.00 Acres
    Added:
    Jan 27, 2026
    Days on Market:
    64
    Last Refresh:
    Mar 25 at 11:32 pm

    Property Features for 55 Blue Sky Drive

    General Information

    Standard status
    Active
    Size
    33,922 SF
    Lot size
    158.00 Acres
    Property subtype
    Office

    Spaces For Lease

    at 55 Blue Sky Drive Contact us

    We can help!

    Listing Contact
    Matthew Malatesta
    Matthew Malatesta

    Listing agent Matthew Malatesta

    Listing office Newmark | Boston

    Listing date Jan 27, 2026

    Source Nmrk

    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 Newmark | Boston

    Overview

    Office HQ, Life Science, R&D

    This property offers up to 33,922 square feet of office, life science, or advanced research and development space. It is situated within a 1.3 million square foot corporate office and lab campus, located on 158 acres. The campus is described as a world-class environment.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Burlington
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2027
    Latitude
    42.5021

    Nearby Similar for Lease

    • Contact for pricing

      Retail Showroom with Excellent Visibility

      Single-story retail showroom with large display windows and ample parking.
      23 Cambridge St, Burlington, MA
      View Details
    • $25/mo

      Retail End-Cap Space Available

      1,576 SF end-cap space for sublease in Burlington, MA.
      157 Bedford St, Burlington, MA 01803
      View Details
    • Contact for pricing

      First Floor Office Space Available

      First floor office space with private offices and parking.
      1-3 Mountain Rd, Burlington, MA
      View Details
    • Sponsored
      Contact for pricing

      The District

      1500 And, Unit 2ND, Burlington, MA 01803
      View Details
    • $25/mo

      Burlington Office Space Available

      First floor office space with private offices and conference room.
      7 Bedford St, Burlington, MA 01803
      View Details
    • Contact for pricing

      Burlington Office Park Location

      Office space in Burlington Office Park near Route 128.
      1 Wall Street, Burlington, MA, 01803
      View Details
    • Contact for pricing

      Burlington Office Space Available

      Office space for sublease in Burlington, Massachusetts, until June 2025.
      800 District Avenue, Burlington, MA, 01803
      View Details
    • Contact for pricing

      Burlington Office Building Near I-95

      Two-story office building in Burlington, Massachusetts, with prime highway access.
      155 Middlesex Tpke, Burlington, MA 01803
      View Details
    • Contact for pricing

      Retail/Medical/Office Space Available

      Retail, medical, or office space for lease in Burlington.
      Burlington, MA 01803
      View Details
    • Contact for pricing

      Burlington Office Building for Lease

      Fully furnished and wired office building available immediately for lease.
      1600 District Avenue, Burlington, MA, 01803
      View Details
    • $29/mo

      Burlington Office Space For Rent

      Class B office building near major routes in Burlington, MA.
      80 Blanchard Rd, Burlington, MA
      View Details
    • Contact for pricing

      Charming Village-Style Retail Space

      Open-air shopping center with high visibility and ample parking.
      6 Wayside Rd, Burlington, MA
      View Details

    FAQs

    What type of property is this?
    Office units - Office space available within a 1.3MM SF corporate campus.
    Where is this office units located?
    The property is located at 55 Blue Sky Drive Burlington, MA.
    What are key features of this property?
    This property features: Up to 33,922 SF Office HQ / Life Science / Advanced R&D Opportunity; Located within a 1.3MM SF world‑class corporate office & lab campus; Located on 158 acres
    (617) 863-8578
    We can help!
    Listing Contact
    Matthew Malatesta
    Matthew Malatesta
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!