1100 Gorham St, Lowell, MA 01852
This exceptional commercial property, located at 1100 Gorham Street, Suite 4 in Lowell, Massachusetts, offers a substantial 6,500 square feet of space on the first floor. The building features impressive 14-foot ceilings and includes a convenient loading dock, making it ideal for a variety of businesses. Situated on high-traffic Gorham Street, this location ensures excellent visibility and accessibility for customers. The property is available as a single-tenant space within a larger building, offering flexibility for diverse business models. A five-year lease is available, renewable for another five years, under a gross lease structure. The monthly rent falls within the range of $5,400 to $5,800. Tenant responsibilities include all utilities. The lease requires a 1.5-month security deposit, first month's rent, and last month's rent. A credit check is also required. Lease options and renewal options are available. This presents a compelling opportunity to establish a thriving business in a prime Lowell location. The property is classified as special purpose land and is located in Middlesex County.
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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
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Property description
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.