152 Conant St, Beverly, MA 01915
For Lease
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This exceptional Class A medical office building, located at 152 Conant Street in Beverly, Massachusetts, offers 10,669 square feet of immediately available space within a larger 75,000-square-foot complex. Built in 1988, the property boasts a highly desirable location with over 1,650 feet of frontage on Route 128, ensuring exceptional visibility and accessibility for patients and staff. The building enjoys a prime position, less than 30 minutes from both downtown Boston and Logan International Airport, providing convenient access for a wide range of clientele. The multiple tenancy structure offers a dynamic and collaborative environment. Ample parking is available, with a ratio of 4.3 spaces per 1,000 square feet. The property is situated in Essex County and benefits from proximity to major employers such as Axcelis, Abiomed, Electric Insurance, Millipore, and Osram Sylvania, as well as the convenient shopping and amenities of both the North Shore and Liberty Tree Malls. This is a rare opportunity to secure high-quality medical office space in a thriving location with excellent visibility and convenient access to major transportation routes and urban centers. The building's Class A designation reflects its superior construction, modern amenities, and overall high-quality standards. The available space presents a unique opportunity for expansion or relocation for medical practices seeking a prestigious and easily accessible location.
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.