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, located at 1500 District Avenue, Burlington, MA 01803, offers a variety of executive suites, coworking, and creative office spaces. Situated on the 1st and 2nd floors, the property boasts 350 total suites, with 5,970 square feet currently vacant. Units range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, providing flexibility for businesses of all sizes. The building underwent renovations in 2019 and features modern amenities including elevators. Enjoy a park-like setting with walking trails and outdoor WiFi, complemented by convenient access to cafes, shops, and hotels. The property's efficient design and on-site coffee bar and seated terrace create a seamless blend of work and leisure. Located in Middlesex County, Massachusetts, this exceptional space provides a lush and productive work environment. The building is ideally suited for multiple tenants seeking a premium office experience in a vibrant suburban location. This is an excellent opportunity to secure high-quality office space in a desirable area.

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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