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Flex Space Suite in Business Park
For Lease
$10 SF/Yr

B001-2 Shaker Rd, Shirley, MA 01464

Flex suite within Phoenix Park’s restored mill complex, offered for lease in a campus setting.

Space SizeContact for details
Days on Market58

Property Features for B001-2 Shaker Rd

General Information

Standard status Active
Listing Agency: The Lexvest Group
Listed By: Charles Detwiller
Source: Exprealty
Added: Jul 10 Changed: Sep 3 Last Checked: Sep 5 at 3:05PM

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 The Lexvest Group

Investment Insights

Based on property information with market context.

This flex space suite is available for lease within Phoenix Park, a business center that offers a range of commercial lease options from office space to light industrial manufacturing. The property is part of a restored mill complex totaling approximately 300,000 square feet, situated on a 56-acre campus. The available space for this listing is about 3,103 RSF, and it can be combined with B101 for additional space.

Phoenix Park is located in Central Massachusetts and supports a strong business community with more than 70 companies serving the local area and beyond. Lease terms indicate the stated rate includes base rent and CAM, plus utilities.

Key Highlights

  • Lease rate of $10/RSF (includes base rent and CAM, plus utilities)
  • Flex suite available within Phoenix Park’s restored mill complex
  • Phoenix Park sits on a 56‑acre campus offering commercial lease options

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Real Estate Agency Hair Salon Plumbing Service (Bike/Boat/Book/etc) Store Spa & Massage Center

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby
Balanced
Demand for This Use

Demographics for 01464, MA

7,427
Population
2,512
Households
3
Avg Household Size
43
Median Age
36%
College-Educated
90%
High-School Grad
15.1 sq mi
ZIP Area
492
Density / Sq Mi
$121,875
Median Household Income
$73,721
Median Earnings
$1,189
Median Rent
$412,700
Median Home Value

Market

Lease Benchmarks for Shirley, MA

$13.33 /SF/Yr
Avg Asking Price
$10–$16 /SF/Yr
Price Range
34,691 SF
Avg Space Size

This space is priced 25% below the average of $13.33 /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
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Frequently Asked Questions

What type of property is this?
Flex space - Flex suite within Phoenix Park’s restored mill complex, offered for lease in a campus setting.
Where is this flex space located?
The property is located at B001-2 Shaker Rd Shirley, MA.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Lease rate of $10/RSF (includes base rent and CAM, plus utilities); Flex suite available within Phoenix Park’s restored mill complex; Phoenix Park sits on a 56‑acre campus offering commercial lease options
More about this property
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