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Leominster Flex Space Sublease
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1775 Lock Drive, Leominster, MA 01453

4,500 SF flex space with highway access for sublease.

Space Size4,500 SF
Days on Market665

Property Features for 1775 Lock Drive

General Information

Standard status Active
Size 4,500 SF
Total Parking Spaces 17
Property subtype Retail, Office, Industrial

Building Details

Building Size 4,500 SF
Year Built 2018
Tenancy Multiple

Spaces For Lease

at 1775 Lock Drive Contact us

Available Space

Size
4,500 SF
Availability
Active
Contact us
Listing Agency: R.W. Holmes Realty Co
Listed By: Jim Bartholomew · License #MA 9505405-RE-B
Source: Crexi
Added: Nov 9, 2024 Changed: Sep 4 Last Checked: Sep 4 at 3:57AM

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 R.W. Holmes Realty Co

Investment Insights

Based on property information with market context.

Located at 1775 Lock Drive in Leominster, MA, this 4,500-square-foot property is available for sublease. The property features convenient highway access. The office area has a clear height of 9.5 feet, while the cooking and receiving area offers 11 feet of clear height. Modern utilities are available, including natural gas and town water and sewer. Ample parking is provided.

Key Highlights

  • 4,500 sq ft sublease opportunity.
  • Convenient highway access.
  • Modern utilities including natural gas and town water/sewer.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Building Supply Spa & Massage Center Pharmacy Storage Facility Hair Salon

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01453, MA

43,752
Population
18,895
Households
2.3
Avg Household Size
41
Median Age
32%
College-Educated
90%
High-School Grad
26.4 sq mi
ZIP Area
1,657
Density / Sq Mi
$82,098
Median Household Income
$52,247
Median Earnings
$1,282
Median Rent
$345,900
Median Home Value

Market

Lease Benchmarks for Leominster, MA

$11.19 /SF/Yr
Avg Asking Price
$9–$13.41 /SF/Yr
Price Range
11,913 SF
Avg Space Size

This space is priced 123% above the average of $11.19 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 4,500 SF flex space with highway access for sublease.
Where is this flex space located?
The property is located at 1775 Lock Drive Leominster, MA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 4,500 sq ft sublease opportunity.; Convenient highway access.; Modern utilities including natural gas and town water/sewer.
More about this property
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