Renovated Flex Space with Loading
85 Flagship Dr. #F, North Andover, MA 01845
For Lease
$14 SF/Yr
I-2-zoned unit pairing renovated office space with warehouse functionality and dock access.
Space Size7,564 SF
Days on Market49
Property Features for 85 Flagship Dr. #F
General Information
Standard status
Size
Net Rentable
Zoning
Space & Availability
Available Space
Contiguous Space
Space Use
Warehouse & Industrial
Clear Height
Warehouse Space
Office Build-Out
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Listing Agency:
Nordlund Associates
Listed By:
Chris Everest · License #053563
(978) 762-0500
Source:
413realestate
Added: Sep 22
Changed: Oct 25
Last Checked: Nov 8 at 3:08AM
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
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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
Who owns this building?
See the owner, sales and loan history
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for North Andover, MA
$19.81 /SF/Yr
Avg Asking Price
$14–$48 /SF/Yr
Price Range
6,205 SF
Avg Space Size
This space is priced 29% below the average of $19.81 /SF/Yr.
Average Price Trend$/SF/Yr for Flex space in Essex County, MA
Properties on Market for Flex space in Essex County
Vacancy Rate% for Industrial in Northeast region
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
