Listing Agency: CBRE | Boston k***@cbre.com Show Phone

Listed By: Kevin Kennedy Show Phone

Source: Cbre

Added: Mar 5 Changed: Aug 12 Last Checked: Aug 12 at 10:35AM

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Investment Insights

Based on property information with market context.

This commercial real estate offers 64,488 square feet of office space and is suitable for office buildings and office properties. Located in Boston, MA, this property presents a significant opportunity for businesses seeking a strategic location.

Key Highlights

• 64,488 square foot office space

Property Analytics

Property Profile

Current Use

CVS Pharmacy Pharmacy LibertyX Bitcoin ATM Atm Coinhub Bitcoin ATM ... Atm Halina’s Florist (Bike/Boat/Book/etc) Store Hanscomb Faithful Business Management Consultant

Suggested Use

Top Pick Butcher Clothing & Fashion Store Tanning Salon Pet Grooming Service (Bike/Boat/Book/etc) Store Buffet

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

22,825

Businesses Nearby

Explore this area Business Placement

Demographics for 02111, MA

9,716

Population

4,535

Households

2.1

Avg Household Size

34

Median Age

57%

College-Educated

83%

High-School Grad

0.2 sq mi

ZIP Area

48,580

Density / Sq Mi

$70,865

Median Household Income

$42,225

Median Earnings

$1,994

Median Rent

$953,400

Median Home Value

Market

Lease Benchmarks for Boston, MA

$27 /SF/Yr

Avg Asking Price

$12–$32 /SF/Yr

Price Range

35,908 SF

Avg Space Size

Vacancy Rate% for Office in Boston, MA

9.1% 2019

12.4% 2020

10.8% 2021

12.5% 2022

15.1% 2023

17% 2024

18.2% 2025

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Frequently Asked Questions

What type of property is this?

Office building - 64,488 square foot office space available for rent.

Where is this office building located?

The property is located at 55 Summer Street Boston, MA.

What are key features of this property?

This property features: 64,488 square foot office space