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    2 Lan Dr Westford, MA 01886

    Sponsored
    For Lease
    $18 SF/Yr

    25,000 SF Office Building, Suites Available

    Lot size:
    25,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional two-story, Class B office building, constructed in 2000, offers a total of 25,000 square feet of versatile space in desirable Middlesex County. Currently, 5,500 square feet is available for lease, with two contiguous suites ranging from 2,699 to 2,800 square feet each. The building boasts a 12-foot ceiling height, providing a spacious and comfortable work environment. The property features a convenient location just off I-495, ensuring easy access for employees and clients. Ample parking is provided with 46 spaces available for tenants and visitors. The building's location within Primrose Park offers a unique advantage, with a Marriott Hotel on-site and numerous nearby retail, dining, and business amenities, creating a vibrant and convenient work environment. The building is suitable for a variety of office uses, including medical, traditional, and executive office spaces. The multiple tenancy structure allows for flexibility and adaptability to various business needs. This is a rare opportunity to secure high-quality office space in a prime location with excellent accessibility and amenities. The available space presents a chance to establish a strong presence in a thriving business community.

    Property Features for 2 Lan Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,000 SF
    Class
    B
    Total Rate
    37500

    Building Details

    Year Built
    2000
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Unit 2nd Floor
    Size
    2,800 SF
    Rate per SF
    $18
    Space
    1st floor -2699
    Size
    2,699 SF
    Rate per SF
    $18

    HighLights

    • 25,000 square foot Class B office building in Middlesex County.
    • Two‑story building constructed in 2000 with 12' ceilings.
    • 5,500 square feet of vacant space available, including two suites ranging from 2,699 to 2,800 square feet.
    • Multiple tenants in a building with 46 parking spaces (3.5 spaces per 1,000 sq ft).
    • Convenient location near I‑495, a Marriott Hotel, and numerous retail and dining options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Dental Office Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westford
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.4303538
    Latitude
    42.5606159

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    FAQs

    What type of property is this?
    Medical office - 25,000 SF Office Building, Suites Available
    Where is this medical office located?
    The property is located at 2 Lan Dr Westford, MA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 25,000 square foot Class B office building in Middlesex County.; Two-story building constructed in 2000 with 12' ceilings.; 5,500 square feet of vacant space available, including two suites ranging from 2,699 to 2,800 square feet.
    Request Owner's contact information
    2 Lan Dr Westford, MA 01886
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Lan Dr Westford, MA 01886
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