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Flex Space in Restored Mill
For Lease
$14 SF/Yr

B101-2 Shaker Rd, Shirley, MA 01464

Compact commercial space within a multi-tenant business campus offering office and light industrial settings.

Space SizeContact for details
Property Size300,000 SF
Lot Size56.00 Acres
Days on Market53

Property Features for B101-2 Shaker Rd

General Information

Standard status Active
Size 300,000 SF
Lot size 56.00 Acres

Lease Terms

Lease Rate $14 /USD/SF/YR
Rent per SF/Year $14

Additional Details

Space Use Manufacturing

Building Details

Building Size 300,000 SF
Listing Agency: The Lexvest Group
Listed By: Charles Detwiller
Source: Exprealty
Added: Jul 10 Changed: Aug 29 Last Checked: Aug 31 at 12:24AM

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 200-square-foot flex space is located within a restored mill complex configured for office and light industrial uses. The suite may be combined with B001 for a total of 6,980 RSF, providing additional flexibility within the same property.

Phoenix Park occupies a 56-acre campus in Central Massachusetts and supports a business community of more than 70 companies. The 300,000-square-foot complex retains historic mill character while accommodating contemporary commercial operations.

Key Highlights

  • 200 SF flex space
  • Can combine with B001 for a total of 6,980 RSF
  • Located on a 56‑acre commercial campus

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
$2.10 /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

$13.25 /SF/Yr
Avg Asking Price
$10–$16 /SF/Yr
Price Range
77,106 SF
Avg Space Size

This space is priced 6% above the average of $13.25 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Compact commercial space within a multi-tenant business campus offering office and light industrial settings.
Where is this flex space located?
The property is located at B101-2 Shaker Rd Shirley, MA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 200 SF flex space; Can combine with B001 for a total of 6,980 RSF; Located on a 56‑acre commercial campus
More about this property
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