Renovated Flex Space with Loading
New
For Lease
$14 SF/Yr
85 Flagship Dr. #F, North Andover, MA 01845
I-2-zoned unit pairing renovated office space with warehouse functionality and dock access.
Space Size7,564 SF
Days on Market2
Property Features for 85 Flagship Dr. #F
General Information
Standard status
Active
Size
7,564 SF
Net Rentable
7,564 SF
Zoning
I-2
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
Taxes and HOA fees
Annual Taxes
$18,864
Building Details
Year Built
1975
Listing Agency:
Nordlund Associates
Listed By:
Chris Everest · License #053563
(978) 762-0500
Source:
413realestate
Added: Sep 22
Changed: Sep 23
Last Checked: Sep 22 at 12:57PM
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.
Suite F is a 7,564+/- square foot flex/industrial unit with approximately 6,222 square feet of office area and 1,342 square feet of warehouse space. More than 6,200+/- square feet of the office component has been newly renovated, creating a substantial administrative and workspace area within the unit. The warehouse portion offers 18-20’ clear height and loading dock access. Built in 1975, the property is zoned I-2 and located at 85 Flagship Dr. in North Andover, Massachusetts. The configuration is suited to trades contractors, service businesses, light distribution and storage, e-commerce operations, and light assembly or manufacturing uses.
Key Highlights
- 7,564+/- SF flex/industrial unit
- Approximately 6,222 SF of office and 1,342 SF of warehouse space
- 6,200+/- SF of newly renovated office area
Property Analytics
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Open Analytics
Current Use
Lease Details
20 ft
Clear height
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
791
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Market
Lease Benchmarks for North Andover, MA
$23.2 /SF/Yr
Avg Asking Price
$14–$48 /SF/Yr
Price Range
5,601 SF
Avg Space Size
This space is priced 40% below the average of $23.2 /SF/Yr.
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - I-2-zoned unit pairing renovated office space with warehouse functionality and dock access.
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+/- SF flex/industrial unit; Approximately 6,222 SF of office and 1,342 SF of warehouse space; 6,200+/- SF of newly renovated office area
