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5 Fortune Drive - Manning Park, Billerica, MA

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DetailMap
5 Fortune Drive - Manning Park

Billerica, MA 01821-3923 - Lowell/Chelmsford Ind Submarket


Property Type:Flex Sub Type:R&D Status:Existing Year Built:1984
Building Size:30,024 SF Land Area:1.96 AC (85,504 SF)
Ceiling Height:14'0'' Loading Docks:2 ext Rail:- Power:277-480v 3p 4w
For Sale Price:$2,900,000 Price/SF:$96.59
Cap Rate:-
Smallest Space:15,000 SF Largest Space:22,323 SF Total Space Avail:30,024 SF Rent/SF/Yr:
$9.00
Zoning:5, Beverly Sprinklers:Wet Drive Ins:No Cranes:-
Parking:Free Surface spaces are available; Ratio of 4.16/1,000 SF


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
22,323 SF
Negotiable
Negotiable
Thru Dec 2018
Office
 1st
15,000 SF
$9.00/SF/Yr
Vacant
Negotiable
Office
 
11416312
11255418


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
22,323 SF
Negotiable
Negotiable
Thru Dec 2018
Office
1st
15,000 SF
$9.00/SF/Yr
Vacant
Negotiable
Office
06/2003: 5 Fortune Dr. LLC purchased property, see COMPS # MAC-77336-10-0320

6/97: Iron Mountain Records sold the building to Epoxy Technology.

The 2-story building consists of steel w/ masonry exterior walls, Rubber blasted roof, Fluorescent lighting, full a/c, roof package, and gas.

Sale Notes:
The existing tenant that has a lease through 12/31/18 and there is 15,000 +/- square feet on the market for sublease. There is a corporate guaranty in place for this lease.Corporate neighbors include RSA, Millipore, and many othersVery well maintained propertyConvenient LocationPark like settingAmple Parking

The building is located within Manning Park. It is conveniently located off of Middlesex Turnpike and close to all major routes including Route 3 and Route 128.


SVN Parsons Commercial Group Boston
Marci Alvarado
(508) 271-9219

Jake Parsons
(508) 271-9223


SVN Parsons Commercial Group Boston
  
CBRE - New England


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