Listing Agency: CBRE | Boston r***@cbre.com Show Phone

Listed By: Robert Byrne Show Phone

Source: Cbre

Added: Mar 16 Changed: Aug 13 Last Checked: Aug 22 at 11:59AM

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Investment Insights

Based on property information with market context.

This commercial real estate property, located at 9 Opportunity Way in Newburyport, Massachusetts, offers 39940 square feet of flex and industrial space for rent.

Key Highlights

• Flex/industrial space available
• Located in Newburyport, Massachusetts

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Restaurant Auto Parts Store Auto Repair Shop Pharmacy Storage Facility Building Supply

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

Location Intelligence

Trade Area within ½ mile

475

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 01950, MA

18,289

Population

8,298

Households

2.2

Avg Household Size

50

Median Age

66%

College-Educated

98%

High-School Grad

8.4 sq mi

ZIP Area

2,177

Density / Sq Mi

$144,259

Median Household Income

$85,573

Median Earnings

$1,511

Median Rent

$792,400

Median Home Value

Market

Lease Benchmarks for Newburyport, MA

$14.8 /SF/Yr

Avg Asking Price

$14–$16 /SF/Yr

Price Range

15,039 SF

Avg Space Size

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

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Flex/industrial space available for lease in Newburyport, Massachusetts.

Where is this flex space located?

The property is located at 9 Opportunity Way Newburyport, MA.

What are key features of this property?

This property features: Flex/industrial space available; Located in Newburyport, Massachusetts