138 Conant St, Beverly, MA 01915-1672
This Class A, 75,000 square foot medical office building at 138 Conant Street in Beverly, Massachusetts offers 8,567 square feet of immediately available space. Built in 2008, the property boasts a desirable location with high visibility and exposure to thousands of daily commuters on Route 128. The building features a total of 260 parking spaces, including 55 underground spaces, providing a 4.00 per 1,000 square foot ratio. The 2.47-acre lot provides ample space and convenient access. The building is situated less than 30 minutes from downtown Boston and Logan International Airport, offering excellent accessibility. This multi-tenant building is in the prestigious Essex County and benefits from proximity to major corporations such as Axcelis, Electric Insurance, Millipore, and Medtronic. Nearby amenities include the North Shore and Liberty Tree Malls, providing convenience for tenants and employees. The property's impressive 1,650 feet of frontage on Route 128 ensures high visibility and brand recognition. This is an exceptional opportunity to secure high-quality medical office space in a prime location. The property is classified as a Class A building and offers a blend of medical and traditional office space. The zip code is 01915.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
IR · Beverly, MABeverly. Always verify with local authorities before improvements.
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.