For Lease | 2,100 SF of Modern Downtown Andover Commercial Space

Retail-Commercial for Lease
Catylist Listing ID: 30871693
Property Subtypes: Street Retail
Contiguous Space: 1,050 - 2,100 SF
Gross Building Area: See Agent
Lease Rate: $35 - 40 PSF (Annual)
Base Monthly Rent: $6,125 - 7,000
Lease Types: NNN
Last Updated: 4/22/2024

Overview / Comments

Be the first to occupy either 1,050 or 2,100 SF of first floor, modern downtown Andover commercial space at the intersection of Punchard and Main. Thoroughly renovated in 2024, this first generation space is in shell condition and ready to be configured to suit your company's individual needs. The entire first floor may be leased as a 2,100 SF suit, or subdivided into two, 1,050 suites. With access to a range of high-profile businesses, dining options, and retail establishments, the surroundings create an attractive locale for your business. Nearby tenants include The Autograph, Caffe Nero, Brooksy's, Dunkin', CVS, Starbucks, La Fina, Larosa's, TD Bank, Santander Bank, UBurger, and JP Licks. The property's enviable position ensures that your employees and clients will have access to all the conveniences the area has to offer.

Expand All Available Space

Suite: 1 2,100 SF $35 - 40 PSF (Annual) NNN
Level/Floor: 1
Space Available: 2,100 SF
Minimum Divisible: 1,050 SF
Lease Rate: $35 - 40 PSF (Annual)
$6,125 - 7,000 (Monthly)
Lease Type: NNN
Space Description: Building has been gut renovated. The first floor is in shell condition ready for build-out. The space may be subdivided into 2 suites of approximately 1,050 SF each.
Date Available: 5/1/2024
Space Type: New
Tax Expenses $25,000 PSF (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Essex
Tax ID/APN: 39-44|3
Zoning: GB
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: Main Street
Area Description: Discover this new, first floor downtown Andover location, an ideal setting for your next office, retail or professional services space. With access to a range of high-profile businesses, dining options, and retail establishments, the surroundings create an attractive locale for your business. Nearby tenants include The Autograph, Caffe Nero, Brooksy's, Dunkin', CVS, Starbucks, La Fina, Larosa's, TD Bank, Santander Bank, UBurger, and JP Licks. The property's enviable position ensures that your employees and clients will have access to all the conveniences the area has to offer.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 2,100 SF
Property Condition: Excellent
Year Built: 1900
Year Renovated: 2024
Roof Type: Hip
Parking Type: Surface
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable, Fiber Optic
Zoning Description: General Business
Lot Frontage: 65
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,168 65,621 182,918
Median Age: 36.6 37.8 36.56
Households: 2,496 23,616 63,917
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