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Property profile & analytics
FOR LEASE
Retail space

54 Middlesex Tpke Burlington, MA 01803

22,424 SF 2 ac lot Built 1990
Individually Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US38-1327076
Property summary
AI-generated overview

This exceptional medical office building, located at 54 Middlesex Turnpike in Burlington, Massachusetts, offers a prime opportunity for healthcare providers seeking flexible and modern space. The property boasts a total of 22,400 square feet, divided into three suites within a retail and office complex. Currently, 9,285 square feet are available for lease, with individual suites ranging from a minimum of 1,800 square feet to a maximum contiguous space of 5,100 square feet. This allows for adaptability to various practice sizes and needs. The building's convenient location in Middlesex County, with easy access via Middlesex Turnpike, ensures high visibility and accessibility for patients and staff. Ample parking is provided with 69 spaces available for tenants and visitors. The property is classified as a medical office and strip center, offering a blend of professional atmosphere and convenient retail proximity. This presents a unique opportunity to establish or expand a medical practice in a thriving Burlington community. The property's strategic location and flexible space options make it an ideal choice for a variety of healthcare businesses. Interested parties are encouraged to inquire about lease terms and availability. Zip code is 01803.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Construction STEEL FRAME
Total area 22,424 SF
Lot 2 ac (87,120 SF)
Zoning code BG
APN BURL M:000056 P:000011
UPID US38-1327076
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Super Smiles Dental Dental Office
  • Bay State Physical Therapy Medical Clinic
  • Middlesex Framing (Bike/Boat/Book/etc) Store Home Decor Store
  • Miracle-Ear Hearing Aid Center Hearing Aid Store Hearing Aid Repair Service
  • Sherman Consulting Services IT Consulting Firm (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.92M
Owner & transaction history
Patrick C Coen · 14 yrs held
Patrick C Coen
since 2011
6 recorded transactions
2011
Price N/A
2011
Price N/A
2003
Price N/A
1999
Price N/A
1994
Price N/A
1992
Price N/A
Zoning & alternative use
BG · Burlington, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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