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Flex/Industrial Suite with Loading Dock
New
For Lease
$14 SF/Yr

85 Flagship Dr. F, North Andover, MA 01845

A renovated office component complements the warehouse area in this flex property.

Space Size7,564 SF
Days on Market4

Property Features for 85 Flagship Dr. F

General Information

Standard status Active
Size 7,564 SF
Net Rentable 7,564 SF

Space & Availability

Available Space 7,564 SF
Contiguous Space 7,564 SF
Space Use Flex

Warehouse & Industrial

Clear Height 20 ft
Warehouse Space 1,342 SF
Office Build-Out 6,222 SF

Building Details

Year Built 1975
Listing Agency: Nordlund Associates
Listed By: Chris Everest · License #053563
Source: Alpernandmesenbourg
Added: Oct 2 Changed: Oct 3 Last Checked: Oct 4 at 12:45PM

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 Nordlund Associates

Investment Insights

Based on property information with market context.

This 7,564+/- square foot flex/industrial suite at 85 Flagship Dr., Suite F, includes 6,222 square feet of office space and 1,342 square feet of warehouse area. The office portion has been renovated, and the warehouse offers dock access and 18-20’ clear height. The building dates to 1975.

The property is in North Andover, Massachusetts.

Key Highlights

  • 7,564+/- square feet with 6,222 sf of office and 1,342 sf of warehouse
  • Renovated office area
  • Warehouse features dock access and 18‑20’ clear height

Property Analytics

Current Use

Flex space

Lease Details

20 ft
Clear height
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01845, MA

31,855
Population
12,010
Households
2.7
Avg Household Size
39
Median Age
61%
College-Educated
97%
High-School Grad
26.4 sq mi
ZIP Area
1,207
Density / Sq Mi
$134,319
Median Household Income
$64,592
Median Earnings
$2,113
Median Rent
$670,000
Median Home Value

Market

Lease Benchmarks for North Andover, MA

$20.64 /SF/Yr
Avg Asking Price
$14–$48 /SF/Yr
Price Range
5,958 SF
Avg Space Size

This space is priced 32% below the average of $20.64 /SF/Yr.

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - A renovated office component complements the warehouse area in this flex property.
Where is this flex space located?
The property is located at 85 Flagship Dr. F North Andover, MA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 7,564+/- square feet with 6,222 sf of office and 1,342 sf of warehouse; Renovated office area; Warehouse features dock access and 18‑20’ clear height
More about this property
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