65 Flagship Dr, North Andover, MA 01845-6171
This exceptional 26,750 square foot single-story office building, constructed in 1980 and renovated in 1990, presents a rare opportunity in North Andover's premier office park. Located conveniently off Route 114, the property offers a variety of shared office spaces, ranging from a minimum of 200 square feet to a maximum contiguous space of 300 square feet. Currently, 750 square feet are vacant, spread across three available suites within the building's fifteen total suites. Each suite boasts an impressive 11-foot ceiling height. The property sits on 1.65 acres of land and provides ample parking with 101 spaces. This all-inclusive space offers numerous amenities, including five conference rooms, a reception/lobby area, a full kitchen, four restrooms within the suites, and print/scan stations. The building features 24-hour access and is fully furnished. For those seeking a more cost-effective solution, low-cost virtual office memberships are also available, granting access to all building amenities. This is an ideal solution for businesses seeking a professional environment without the burden of managing their own office space.
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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 Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I1 · North Andover, MANorth Andover. 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.