31 Independence Dr Devens, MA 01434
For Lease
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This exceptional Class A industrial property, located at 31 Independence Drive in Devens, Massachusetts, offers 577,616 square feet of total building space, with 95,000 square feet currently available for lease. The property boasts a desirable multi-tenant configuration, ideal for a variety of manufacturing, distribution, or research and development operations. Situated on a generous 5.6-acre lot, the building features a substantial 36-foot ceiling height, providing ample vertical space for efficient operations and storage. The zoning designation is Industrial/Trade (Manufacturing, Distribution, Light Assembly and R&D), ensuring flexibility and suitability for a wide range of industrial uses. This new construction building is designed to meet the highest standards, reflecting its Class A designation. The available 95,000 square feet presents a unique opportunity for businesses seeking modern, efficient, and strategically located industrial space in the thriving Devens, MA market. The property's ample land area and strategic location offer significant potential for expansion and future development. This is a prime opportunity to secure a high-quality industrial space in a dynamic and growing area. The zip code is 01434.
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
I · Devens, MADevens. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.