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Office Warehouse

1 Federal St

1 Federal St, Billerica, MA 01821

Listing Price: $8,500,000

Cap Rate
8.50%
Lot Size
3.50 acres
Year Built
1985
Rentable SF
60,000

Investment Overview

1 Federal is a ±60,000 square foot, two-story building currently 100% improved with modern office fit outs. This ±3.50-acre property is located within The Fields, an established business park known for serving the flex, R&D, life science, light manufacturing, and high-tech manufacturing communities. Developed in the 1980s the facility features ample parking and immediate highway access. Similar properties have recently be converted for flex/manufacturing and religious uses. The property was recently vacated by a major life sciences company and features high end, modern, fit outs.

Positioned just 0.2 miles from Route 3, between I-95 & I-495, this site boasts unparalleled access to New England’s premier skilled labor market. The flexible layout works for a variety of office and flex uses.

Investment Highlights

  • Prime location directly off Route 3 and in between I-95 & I-495.
  • Situated in established R&D Park including life science, flex, and high-tech manufacturing tenants.
  • Institutionally maintained modern facility.
  • Ample parking and multiple loading docks.

Exclusively Listed By

Financing By

Office Warehouse

1 Federal St

Listing Price: $8,500,000

Cap Rate
8.50%
Lot Size
3.50 acres
Year Built
1985
Rentable SF
60,000

Investment Highlights

  • Prime location directly off Route 3 and in between I-95 & I-495.
  • Situated in established R&D Park including life science, flex, and high-tech manufacturing tenants.
  • Institutionally maintained modern facility.
  • Ample parking and multiple loading docks.

Investment Overview

1 Federal is a ±60,000 square foot, two-story building currently 100% improved with modern office fit outs. This ±3.50-acre property is located within The Fields, an established business park known for serving the flex, R&D, life science, light manufacturing, and high-tech manufacturing communities. Developed in the 1980s the facility features ample parking and immediate highway access. Similar properties have recently be converted for flex/manufacturing and religious uses. The property was recently vacated by a major life sciences company and features high end, modern, fit outs. Positioned just 0.2 miles from Route 3, between I-95 & I-495, this site boasts unparalleled access to New England’s premier skilled labor market. The flexible layout works for a variety of office and flex uses.

Exclusively Listed By

Financing By

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