For Lease
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Property summary
This prestigious Class A office building, located at 40 Shattuck Rd in Andover, MA (Essex County, zip code 01810), offers 120,000 square feet of prime executive office space. Built in 2001, the property currently has 66,260 square feet of vacant space available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 2,317 square feet to a maximum contiguous space of 20,696 square feet. Seven individual suites are currently available. This exceptional Andover location provides easy access to major transportation routes and amenities. The building's modern design and high-quality finishes create an ideal environment for businesses seeking a sophisticated and productive workspace. The property's strategic location in Essex County, Massachusetts, offers a thriving business community and a highly skilled workforce. This is an unparalleled opportunity to secure premium office space in a highly desirable location. Contact us today to learn more about the available suites and lease terms.
Property profile
VerifiedCap rate & NOI
Current use
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Tech Support Center IT Consulting Firm
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Tech Support Center IT Consulting Firm
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Electronics & Wireless Store
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Medical Clinic
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Tech Support Center IT Consulting Firm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
INDUSTRIAL D DISTRICT (ID). 8.1.1 General. All development in an Industrial D District shall be subject to the following, unless a special permit to vary these requirements is granted by the Zoning Board of Appeals, upon…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
ID · Andover, MAINDUSTRIAL D DISTRICT (ID). 8.1.1 General. All development in an Industrial D District shall be subject to the following, unless a special permit to vary these requirements is granted by the Zoning Board of Appeals, upon…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
INDUSTRIAL D DISTRICT (ID). 8.1.1 General. All development in an Industrial D District shall be subject to the following, unless a special permit to vary these requirements is granted by the Zoning Board of Appeals, upon…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for ID in Andover, MA.
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Find the owner behind the property.
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