16 Carleton Dr, Georgetown, MA 01833
For Lease
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This exceptional Essex County warehouse, totaling 83,000 square feet, offers a unique opportunity for multiple tenants. The property boasts a flexible layout, with spaces divisible down to 2,500 square feet and up to a maximum contiguous space of 48,891 square feet. Currently, 62,841 square feet is available for lease. The building, renovated in 2019, features impressive ceiling heights ranging from 13 to 29 feet, providing ample vertical space for storage and operations. Five drive-in doors ensure efficient loading and unloading. Power is robust, with 1,000 amps/480v available. A significant advantage is the presence of two bridge cranes, one with a 5-ton capacity and the other with a 10-ton capacity, ideal for heavy lifting needs. A column-free section is available, maximizing usable space. The property is zoned for industrial use and sits on a substantial 14.6-acre lot, providing extensive outdoor storage area. Its convenient location just off Route 95 offers easy access to major transportation arteries. The building is suitable for various industrial uses and is divisible to 15,000 square feet, catering to a range of business needs. This is a rare opportunity to secure prime warehouse space in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.