Norfolk County Industrial

70 Shawmut Rd Entire Building
, MA
Rental Rate: Negotiable Space Available: 23,000 SF Office SF: 1000 SF Year Built: 1984 Property Type: Industrial Lot Size: 189,051 SF Property Sub-type: Flex Space Zoning Description: Commercial Building Size: 49,920 SF No. Parking Spaces: 79 Clear Ceiling Height: 22 ft. Lease Term: 60 Months Features - Cooling is available - Y - Heating is available - Y - Lighting is Available - Y Industrial office/warehouse with approximately 23,000 SF, +/- . Description This facility offers great flexibility to expand or establish your company's Head Quarters, a fully air conditioned office space with plenty of opportunity to expand. The current configured warehouse with mezzanine delivers approximately 23,00 SF +/- of storage space. Which can be utilized as a warehouse/manufacturing facility or upgraded to a true R&D/Flex facility. This space provides the key components for logistic support capabilities; Warehousing, Material Handling, and Vehicle and Transportation access. Meets the the top logistics planning phases of Strategic, Tactical and Operational. This space provides the key piece in your Supply Chain Strategy. Located off Dedham Street just off 95, near the 93/95 junction. Easy access to University Avenue's new retail amenities including Chipotle, Target, Nordstrom Rack, Marshalls, HomeGoods and more. Highlights Clear Ceiling Height 22 ft. Parking Ratio 2.06 / 1,000 SF 23,000 SF, Flex/Warehouse/R&D Negotiable Rent Strategic Distribution Center Location Nimble warehousing configuration

Norfolk County

Office Space Market Report

Number of Listings (last 90 days)
109
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
2,710
As of: May 22, 2017

Norfolk County Rates

The typical asking rate per listing is in the $20's per square foot per year. The Norfolk County region is seeing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 2% increase in rent.

Norfolk County Listing Supply

In the last 90 days, 109 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the available space in the Norfolk County are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,710 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this market were built in 1983 and are Class A.

Norfolk County Community

Market Report

Trends and status of the commercial real estate market in Norfolk County.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Norfolk County.
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