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    FOR LEASE
    Office buildings

    70 Blanchard Rd, Burlington, MA 01803

    105,925 SF 4.93 ac lot Built 1986
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US38-0334102
    Property summary
    AI-generated overview

    70 Blanchard Road in Burlington, Massachusetts offers exceptional Class A executive office space within a five-story, 123,852 square foot building. This prestigious property boasts a striking curved exterior design, featuring a blend of tinted glass and red brick. Currently, there are 64,880 square feet of vacant space available, divisible into units ranging from a minimum of 2,903 square feet to a maximum contiguous space of 23,260 square feet. The building is comprised of five suites in total. Its prime location provides convenient access to the Cambridge Street commercial corridor along Route 3, placing tenants within easy reach of a wide array of dining, shopping, and entertainment options near Burlington Mall. The property's 4.93-acre site is uniquely situated adjacent to the expansive 210-acre Mary Cummings Park, offering a tranquil and amenity-rich environment. This Middlesex County location provides a highly desirable address for businesses seeking a blend of modern workspace and convenient access to local amenities. The building's impressive size and flexible space options make it ideal for a variety of business needs, from small executive offices to larger corporate headquarters. This is a rare opportunity to secure premium office space in a highly sought-after location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1986
    Construction CONCRETE
    Total area 105,925 SF
    Lot 4.93 ac (214,751 SF)
    Zoning code IG
    APN BURL M:000053 P:000002
    UPID US38-0334102
    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
    • CBI Information Bureau
    • Jim Bain - 442640 - Wells Fargo Home Mortgage Loan Service Bank
    • David Brennan - 433469 - Wells Fargo Home Mortgage Loan Service Bank
    • Alpha Software Corporation (Bike/Boat/Book/etc) Store Corporate Office
    • FedEx Drop Box Postal Service Courier Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $19.85M
    Comparable Approach Comparable
    $19.62M
    Blend (final) Blend
    $16.82M
    Owner & transaction history
    128 Cc LLC · 10 yrs held
    128 Cc LLC
    since 2016
    3 recorded transactions
    2016
    $24.0M
    2003
    1993
    $5.3M
    Zoning & alternative use
    IG · Burlington, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $27.4M +40.9%
    Apartment house (5+ units) $24.4M +25.6%
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    More about this property
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