Property profile

1776 Massachusetts Ave Lexington, MA 02420

OFF-MARKET
Retail properties & Spaces
12,086 SF
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Property summary

AI-generated overview

This exceptional 3,715 square foot executive office space is located at 1776 Massachusetts Avenue in Lexington, Massachusetts, a charming and historically significant town. Situated on Route 4 in the heart of downtown Lexington, this single-tenant space offers unparalleled convenience and visibility. The property is a Class B building with a total of 12,086 square feet. The available space is located on the second floor and features direct street access from both the front and back, ensuring excellent visibility and accessibility for clients and employees. The interior layout includes a reception area, multiple private offices, a large conference room, and a kitchenette, providing a functional and comfortable workspace. Ample public parking is readily available nearby. The surrounding area boasts a vibrant atmosphere with numerous amenities within walking distance, including boutique shops, restaurants, cafes, and cultural attractions. This space is ideal for businesses seeking a prestigious address in a thriving community. The property is available in the fourth quarter of 2023. This is a rare opportunity to secure a prime office space in Lexington's desirable downtown area.

Property profile

Verified
Property type Retail properties & Spaces
Total area 12,086 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • High School Vocational School
  • Loan Service Bank
  • Bank Loan Service
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Financial Advisor

Location

1776 Massachusetts Ave Lexington, MA 02420
Lexington 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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