Elevator Office
For Sale
Contact for pricing
75 Pleasant Street Unit G, Malden, MA 02148
Central air, shared conference and kitchenette facilities, and utilities are included.
Property Size800 SF
Price / SF$2.50
Days on Market52
Property Features for 75 Pleasant Street Unit G
General Information
Standard status
Active
Size
800 SF
Elevators
Yes
Property subtype
Commercial
Site & Location
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Office Units
1
Amenities
common conference room
common kitchenette area
central air
common restrooms
professional business mailbox
Building Details
Year Built
2008
Listing Agency:
Atlantic Realty Services
Listed By:
Maria DiPierro · License #9511886
(617) 543-3607
Source:
Lockandkeyre
Added: Aug 30
Changed: Oct 19
Last Checked: Oct 19 at 9:59AM
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 Atlantic Realty Services
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit at 75 Pleasant Street, Unit G, provides approximately eight hundred square feet within an elevator-served building. The space has central air, while building amenities include a shared conference room, common kitchenette, common restrooms, and a professional business mailbox. Utilities are included.
The property is near Malden Center T Station and next to a municipal parking lot. Shops and restaurants are within steps of the building. Constructed in 2008, the property offers a business setting with shared facilities and transit access.
The property is near Malden Center T Station and next to a municipal parking lot. Shops and restaurants are within steps of the building. Constructed in 2008, the property offers a business setting with shared facilities and transit access.
Key Highlights
- Approximately eight hundred square feet of office space
- Elevator building with central air
- Shared conference room and common kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,384
Suggested Prices Based on Cap Rates
Cap Rate 5%
$507,680
$507.7K
Cap Rate 7%
$362,629
$362.6K
Cap Rate 9%
$282,044
$282.0K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$43.4K $54.24/SF
− Vacancy
−$9.5K −$11.93/SF
EGI
$33.8K $42.31/SF
− OpEx
−$8.5K −$10.58/SF
NOI
$25.4K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$507,680
Cap Rate 7%
$362,629
Cap Rate 9%
$282,044
Alternative Uses
Best Use
Office B
$362.6K
$317.3K – $423.1K
NOI $25,384 @ 7.0% cap · market cap 1,269.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$473.6K
$414.4K – $552.5K
NOI $33,152 @ 7.0% cap · market cap 1,657.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,318
Businesses Nearby
Explore this area
Business Placement
Demographics for 02148, MA
66,274
Population
28,043
Households
2.4
Avg Household Size
36
Median Age
45%
College-Educated
87%
High-School Grad
5.0 sq mi
ZIP Area
13,255
Density / Sq Mi
$95,298
Median Household Income
$56,077
Median Earnings
$2,066
Median Rent
$607,500
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Central air, shared conference and kitchenette facilities, and utilities are included.
Where is this office unit located?
The property is located at 75 Pleasant Street Unit G Malden, MA.
What are key features of this property?
This property features: Approximately eight hundred square feet of office space; Elevator building with central air; Shared conference room and common kitchenette
