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1 Derby St

15,699 SF 84% Leased Office Building Hingham, MA 02043 For Sale

Investment Highlights

  • FULLY ACTIVATED RETAIL COMPONENT
  • PREMIER SOUTH SHORE COMMUNITY
  • HIGHLY ACCESSIBLE LOCATION
  • STRONG LOCAL DEMOGRAPHICS

Executive Summary

Newmark’s Boston Capital Markets Group has been exclusively retained to sell One Derby Street, a 17,658-square-foot, 83% leased retail and office asset located less than 20 miles southeast of Boston in the affluent South Shore community of Hingham, Massachusetts.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
15,699 SF
Building Class
B
Year Built
2007
Percent Leased
84%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,850 SF
Building FAR
0.35
Lot Size
1.04 AC
Zoning
Retail/Office - Retail on the first floor and office on the second floor.
Parking
53 Spaces (3.38 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Floor
  • 2,622 SF
  • Office
  • Full Build-Out
  • Now

Space offers a professional environment with surface parking available for convenience.

Space Size Space Use Condition Available
2nd Floor 2,622 SF Office Full Build-Out Now

2nd Floor

Size
2,622 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size 2,622 SF
Space Use Office
Condition Full Build-Out
Available Now

Space offers a professional environment with surface parking available for convenience.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
HING-000196-000000-000021
Land Assessment
$696,000
Improvements Assessment
$3,457,400
Total Assessment
$4,153,400
  • Listing ID: 34145591

  • Date on Market: 12/10/2024

  • Last Updated:

  • Address: 1 Derby St, Hingham, MA 02043

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