Property profile

1500 Floors Burlington, MA 01803

OFF-MARKET
Office Spaces
42,913 SF
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Property summary

AI-generated overview

This Class A, 42,913 square foot office building in Middlesex County offers a diverse range of flexible workspace solutions. Located in Burlington's vibrant business district, the property boasts convenient access to I-95 and the MBTA bus line, placing it within walking distance of the Burlington Mall and an array of popular restaurants, including the Capital Grille, Cheesecake Factory, and Legal Seafood. Nearby hotels such as the Burlington Marriott and Hyatt Summerfield Suites provide convenient lodging options for clients and employees. The building features 350 suites, with spaces ranging from a minimum of 100 square feet to a maximum contiguous space of 5,000 square feet, accommodating businesses of all sizes. Renovated in 2019, the building includes elevators and offers a variety of options, including private, fully furnished offices, coworking spaces, and virtual office solutions. Amenities include an attractive business park setting with an outdoor Wi-Fi park, walking trails, outdoor seating, a stunning two-story reception area, and a complimentary fitness center complete with locker rooms and a sauna. Tailored office spaces can accommodate needs from a single desk to over 100, offering serviced, custom, disaster recovery, and day office options. A comprehensive benefits program provides exclusive discounts and procurement support. The building's multiple tenancy structure allows for a variety of lease arrangements to suit individual business needs.

Property profile

Verified
Property type Office Spaces
Total area 42,913 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1500 Floors Burlington, MA 01803
Burlington metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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