374 Merrimac Street
Industrial
for Lease
| Catylist Listing ID: |
30507940 |
| Property Subtypes: |
Flex Space, Free-Standing, Manufacturing, Mixed Use, Research & Development, Warehouse/Distribution, Other
|
| Contiguous Space: |
3,032 - 34,053 SF |
| Total Available: |
51,704 SF |
| Gross Building Area: |
158,663 SF |
| Gross Land Area: |
9.43 Acres
|
| Lease Rate: |
$8.75 - 12.95 PSF (Annual)
|
| Base Monthly Rent: |
$19,048 - 24,830 |
| Lease Types: |
NNN |
| Ceiling: |
13 - 16 ft. |
| Docks/Doors: |
2 Docks (Varies by space) |
| Last Updated: |
5/18/2020 |
Overview / Comments
|
374 Merrimac Street is a 158,663 SF industrial and office property located in scenic Newburyport, Massachusetts. The property overlooks the Merrimack River and features flex industrial space suitable for manufacturing, assembly, warehouse and R&D use. The property offers fully air-conditioned space, water views, heavy power, heavy floor loads, access to tailboard height loading and a common cafeteria.
|
| Level/Floor: |
1st and 2nd floor |
| Space Available: |
17,651 SF |
| Minimum Divisible: |
3,032 SF |
| Lease Rate: |
$12.95 PSF (Annual)
$19,048 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Office space |
| Date Available: |
9/27/2019 |
| Space Type: |
Relet |
| Tax Expenses |
$1 PSF (Annual) |
| Ceiling |
13 ft. Clear |
| Loading Docks |
1 |
| Level/Floor: |
1st floor |
| Space Available: |
34,053 SF |
| Minimum Divisible: |
15,768 SF |
| Lease Rate: |
$8.75 PSF (Annual)
$24,830 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Industrial space |
| Date Available: |
9/27/2019 |
| Space Type: |
Relet |
| Tax Expenses |
$1 PSF (Annual) |
| Ceiling |
16 ft. Clear |
| Loading Docks |
2 |
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Essex |
| Taxing Authority: |
Newburyport, MA |
| Tax ID/APN: |
68/ 27/ / / |
| Zoning: |
INDUSTRIAL 2 |
| Highway Access: |
I-95 and I-495 are less than a five minute drive. |
| Airports: |
Logan International Airport |
| Site Description: |
Amenities within 2 miles of the property include downtown Newburyport with more than 23 coffee shops and fast food establishments, 37 restaurants, child care, health care, financial services and an abundance of retail. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Property Condition: |
Good |
| Year Built: |
1958 |
| Year Renovated: |
1986 |
| Exterior Description: |
Brick and masonry exterior with tinted ribbon windows |
| Parking Type: |
Surface |
| Total Parking Spaces: |
246 |
| Column Spacing: |
18x24 and 24x36 |
| Passenger Elevators: |
1 |
| Freight Elevators: |
1 |
| Sprinklers: |
Wet |
| Amps: |
480 |
| Volts: |
240 |
| X-Phase: |
3-phase |
| Zoning Description: |
Industrial 2 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,299 |
32,347 |
59,946 |
| Median Age: |
45.83 |
44.19 |
44.55 |
| Households: |
3,258 |
13,719 |
25,097 |
|
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