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580 Pleasant Street, Watertown, MA 02472

147,000 SF lab building available Q3 2022.

Space SizeContact for details
Days on Market159

Property Features for 580 Pleasant Street

General Information

Standard status Active
Property subtype LifeSciences
Listing Agency: CBRE | Boston
Listed By: Alex Plaisted
Source: Cbre
Added: Mar 16 Changed: Jul 10 Last Checked: Aug 20 at 2:26PM

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 CBRE | Boston

Investment Insights

Based on property information with market context.

A new 147,000 square foot lab building is available for rent, scheduled for completion in Q3 2022. The property features on-site amenities including a fitness center, lockers and showers, an outdoor patio, bike storage, and a walking path along the Charles River. The location provides access to 90 Mass Pike (Newton Exit) at a distance of 2 miles, Route 128 (Winter Street) at 4 miles, Cambridge (Kendall Square) and Boston (South Station) both at 9 miles. The property is located within a defined life science tenant cluster and offers a prime location for access and amenities.

Key Highlights

  • Prime location with easy access to major routes (90 Mass Pike, Route 128) and key areas (Cambridge, Boston).
  • 147,000 SF New Lab Building Available Q3 2022.**
  • Defined Life Science Tenant Cluster.

Property Analytics

Current Use

Microsemi Corporation Factory Micro Biometrix Medical Laboratory Satellite Bio Corporate Office

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Dental Office Auto Parts Store

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

1,123
Businesses Nearby

Demographics for 02472, MA

35,392
Population
17,069
Households
2.1
Avg Household Size
39
Median Age
67%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
8,848
Density / Sq Mi
$123,383
Median Household Income
$77,537
Median Earnings
$2,356
Median Rent
$737,600
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 - 147,000 SF lab building available Q3 2022.
Where is this office building located?
The property is located at 580 Pleasant Street Watertown, MA.
What are key features of this property?
This property features: Prime location with easy access to major routes (90 Mass Pike, Route 128) and key areas (Cambridge, Boston).; 147,000 SF New Lab Building Available Q3 2022.**; Defined Life Science Tenant Cluster.
More about this property
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