70 Blanchard RdBurlington, MA 01803

  • Office properties
  • 105,925 SF
For Lease

Property Details for 70 Blanchard Rd

Year built
1986
Construction
CONCRETE
Lot size
4.93 AC
Property size (Sq ft)
105,925 SF
Zone code
IG
Property type
Office properties
Property subtype
Office buildings
APN
BURL M:000053 P:000002
APU
BURLM000053P000002

Description

70 Blanchard Road in Burlington, Massachusetts offers exceptional Class A executive office space within a five-story, 123,852 square foot building. This prestigious property boasts a striking curved exterior design, featuring a blend of tinted glass and red brick. Currently, there are 64,880 square feet of vacant space available, divisible into units ranging from a minimum of 2,903 square feet to a maximum contiguous space of 23,260 square feet. The building is comprised of five suites in total. Its prime location provides convenient access to the Cambridge Street commercial corridor along Route 3, placing tenants within easy reach of a wide array of dining, shopping, and entertainment options near Burlington Mall. The property's 4.93-acre site is uniquely situated adjacent to the expansive 210-acre Mary Cummings Park, offering a tranquil and amenity-rich environment. This Middlesex County location provides a highly desirable address for businesses seeking a blend of modern workspace and convenient access to local amenities. The building's impressive size and flexible space options make it ideal for a variety of business needs, from small executive offices to larger corporate headquarters. This is a rare opportunity to secure premium office space in a highly sought-after location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,512,566
    6.5%
    $16,165,446
    7%
    $15,010,771
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,840,160
    Geo Method
    $13,840,160
  • Alternative Use

    Use
    Valuation
    Residential
    $20,045,154
    Hospitality
    $18,361,252
    Educational
    $15,276,346
    Medical
    $15,801,723
    Retail
    $23,763,206
70 Blanchard Rd, Burlington, Massachusetts

Location Insight

City
Burlington
County
Middlesex
State
Massachusetts
Latitude
42.4796
Longitude
-71.2033
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$435,624
$2,978,500
$13,899,600
$16,878,100
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