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Property profile & analytics
FOR LEASE
Office buildings

81 Hartwell Ave Lexington, MA 02421

73,158 SF 8.3 ac lot Built 1981
Entity Owned 6-yr Hold Free & Clear
Property ID
US38-0596694
Property summary
AI-generated overview

This exceptional Class A office property at 81 Hartwell Avenue in Lexington, Massachusetts, offers a rare opportunity to lease premium office space. Located in the desirable 02421 zip code, this property features a total of 7,000 to 19,595 square feet of available space, accommodating a variety of business needs. The building offers both executive office suites and traditional office layouts, providing flexibility for different organizational structures and preferences. Multiple tenancy options are available, allowing for customization to suit specific requirements. The property's prime location in Lexington, MA offers easy access to major transportation routes, ensuring convenient commutes for employees and clients. The building's Class A designation reflects its high-quality construction, modern amenities, and professional atmosphere. This is an ideal location for businesses seeking a prestigious and functional workspace in a thriving community. Interested parties are encouraged to inquire about available space and lease terms. The property is situated at 42.4687629 latitude and -71.2628278 longitude. Contact us today to schedule a viewing and explore the possibilities of establishing your business at this exceptional Lexington location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Construction STEEL FRAME
Total area 73,158 SF
Lot 8.3 ac (361,548 SF)
Zoning code CM
APN LEXI M:0080 L:00004A
UPID US38-0596694
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
  • Nightstar, Inc. Corporate Office
  • Vanu Inc (Bike/Boat/Book/etc) Store Corporate Office
  • Upper Charles Law Group Law Firm
  • Andrew Marquis at CrossCountry Mortgage, LLC Loan Service Bank
  • Equinox Group Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$12.82M
Blend (final) Blend
$16.59M
Owner & transaction history
81 Hartwell Ave LLC · 6 yrs held
81 Hartwell Ave LLC
since 2019
5 recorded transactions
2022
Price N/A
2021
Price N/A
2019
$5.4M
2019
$5.9M
2013
Price N/A
Zoning & alternative use
CM · Lexington, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $21.2M +11.8%
Auto repair, garage $20.6M +8.4%
Neighborhood: shopping center $20.3M +6.7%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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