New England Telephone Building

Office for Lease
Catylist Listing ID: 30187757
Property Subtypes: Executive Suites, Governmental, High-Tech, Medical, Office Building, Research & Development
Building Status: Under Construction
Contiguous Space: 4,000 - 24,000 SF
Gross Building Area: See Agent
Lease Rate: $1 PSF (Annual)
Base Monthly Rent: $333.33 - 2,000
Lease Types: Modified Gross
Last Updated: 2/5/2018

Overview / Comments

The former New England Telephone Building in Salem has available office / medical suites on the 4th floor of a 6-story steel & masonry built building of 1,300 +/- square feet and 2,200 +/- square feet in size. Also available is the entire 3rd floor. The shell is about 24,000 +/- square feet in size. This opportunity is perfect for office / medical use or for an investor looking to build-out Executive Suites. 10 Federal Street is fully handicapped accessible with an elevator, 800amp 3-phase electric and common mens & ladies rooms on each level. On-site parking on this sprawling 1-acre campus is one space per thousand rentable square foot. Location is next to the Salem District Court, municipal parking lot and one block from the Salem Depot commuter rail station. Be near everything downtown historic Salem has to offer in local shops, museums & restaurants. 10 Federal Street is fully handicapped accessible with an elevator, 800amp 3-phase electric and common mens & ladies rooms on each level.

Expand All Available Space

Suite: 3rd Floor 24,000 SF $1 PSF (Annual) Modified Gross
Level/Floor: 3rd Floor
Space Available: 24,000 SF
Minimum Divisible: 4,000 SF
Lease Rate: $1 PSF (Annual)
$333.33 - 2,000 (Monthly)
Lease Type: Modified Gross
Date Available: 1/1/2018
Space Type: Relet
Tax Expenses $0 PSF (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Essex
Tax ID/APN: 35:192
Zoning: B5

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,545 123,852 269,860
Median Age: 37.42 40.85 39.79
Households: 10,950 52,855 107,668
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