500 Cummings Ctr Beverly, MA 01915
This exceptional 323,765 square foot Class A office building, constructed in 2003, presents a unique investment opportunity in Essex County. The property offers flexible space options, ideal for both executive and medical office uses. Multiple tenancies are available, with a minimum divisible space of 981 square feet and a maximum contiguous space of 18,121 square feet. Currently, there are 50,282 square feet of vacant space ready for immediate occupancy. The building's modern design and prime location make it an attractive option for businesses seeking high-quality office accommodations. Its versatile layout caters to a range of needs, from small executive suites to larger medical practices. The building's Class A designation reflects its superior construction, amenities, and overall quality. With its strategic location in Essex County and its adaptable space configurations, this property offers significant potential for growth and profitability. Nine spaces are currently available, providing a diverse selection to suit various business requirements. This is an unparalleled opportunity to secure premium office space in a thriving market. Contact us today to learn more about leasing options and explore the possibilities this exceptional property offers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.