33 Andrews Pky - Office FOR SALE
Devens, MA 01434 |
$3,828,125 USD
617-865-1145
33 Andrews Pky
Devens, MA 01434
HIGHLIGHTS
- 100% Leased Two-Tenant Office Building | The office space is currently leased to Mass Development and the Devens Eco-Efficiency Center
- Favorable Rental Increases | Effective May 1, 2027, MassDevelopment is scheduled for a 3.33% rent escalation
- Proximity to Fort Devens Reserve Forces Training Area | This Office Building is adjacent to the Fort Devens
OVERVIEW
Surmount is pleased to present the exclusive listing for a 2 Tenant Office Building located at 33 Andrews Parkway, Devens, MA 01434. The site consists of roughly 22,052 rentable square feet of building space. This Office Building has a weighted average lease term remaining of 4.4 years and the current annual rent is 326,095.
FOR SALE DETAILS
PRICE
$3,828,125 USD
PRICE/SF
$191 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Government Office Building
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
B
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.51 AC
LAND SF
22,052 SF
ZONING
Business
APN/PARCEL ID
-
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617-865-1145
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617-865-1145
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