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25 Rundlett Way
18,578 SF of Industrial Space Available in Middleton, MA 01949
Sublease Highlights
- 25 Rundlett Way is a best-in-class flex facility off the S Main Street/Route 114 corridor, offering move-in-ready space in the front of the building.
- Secure 18,578 SF across an open office plan with private offices and conference rooms, and a warehouse with loading solutions and 28-foot ceilings.
- Property features include an upscale brick exterior, an all-glass rotunda, beautiful windows, restroom showers, and high-functioning workspace.
- Benefit from convenient Interstate 95 and Route 1 access and reach surrounding amenities, such as restaurants, entertainment, and services in minutes.
Features
all available space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
- Sublease space available from current tenant
- Includes 6,550 SF of dedicated office space
- Space is in Excellent Condition
- Partitioned Offices
- Private Restrooms
- Closed Circuit Television Monitoring (CCTV)
- 28-foot Warehouse Clear Height
- Up to 2,000-Amp 480-Volt 3-phase Power Available
- Lease rate does not include utilities, property expenses or building services
- 1 Drive Bay
- 4 Loading Docks
- Kitchen
- Security System
- Natural Light
- 4 Private Loading Docks with Levelers
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor - 1 | 18,578 SF | Jan 2029 | $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $38,704 /MO $464,450 /YR | Industrial | Full Build-Out | Now |
1st Floor - 1
| Size |
| 18,578 SF |
| Term |
| Jan 2029 |
| Rental Rate |
| $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $38,704 /MO $464,450 /YR |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor - 1
| Size | 18,578 SF |
| Term | Jan 2029 |
| Rental Rate | $25.00 /SF/YR |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Includes 6,550 SF of dedicated office space
- 1 Drive Bay
- Space is in Excellent Condition
- 4 Loading Docks
- Partitioned Offices
- Kitchen
- Private Restrooms
- Security System
- Closed Circuit Television Monitoring (CCTV)
- Natural Light
- 28-foot Warehouse Clear Height
- 4 Private Loading Docks with Levelers
- Up to 2,000-Amp 480-Volt 3-phase Power Available
Property Overview
25 Rundlett Way is a recently constructed flex/industrial building in Middleton, Massachusetts. The building features office and warehouse space, thoughtfully designed to maximize the potential for multiple uses. Currently available sublease space includes 18,578 square feet in the front of the building, which features a stunning all-glass rotunda. Between the rotunda and large windows, an abundance of natural light that shines throughout the building's interior. The office space includes a large open workspace, private offices, a conference room, and a kitchen with a breakroom. Showers are in each of the large men's and women's restrooms. Warehouse specifications and features include four private loading docks with levelers, a 10-foot by 12-foot drive-in door, a 28-foot clear height, and a partial lab build-out that can stay or be removed. The suite currently has a 400-amp, 480-volt, 3-phase power but can increase to a 2,000-amp, 480-volt, 3-phase service. 25 Rundlett Way sits less than 45 minutes north of Boston, just off the vibrant S Main Street/Route 114 commercial corridor. Immediately neighboring amenities include Starbucks, Market Basket, Summit's Place pizza restaurant, The Clubhouse Golf & Entertainment venue, and BA Fitness. Convenient access to Interstate 95 and Route 1 in minutes provides efficient travel routes to and from the property.
Distribution FACILITY FACTS
Marketing Brochure
About Danvers/Beverly
Middleton is a rural but vibrant suburban town about 20 miles north of downtown Boston. The denser communities of Danvers and Beverly lie to the east, with Salem located immediately south of Beverly, just across the Essex Bridge.
Residents are drawn to the larger area's serene green spaces, such as forests and preserves, golf courses, and water access.
Major arterials include Route 128, which breaks away from I-95 and runs east to Gloucester, and I-95 northbound. Route 1A travels through central Beverly, giving motorists access to Salem further south and Ipswich to the north. Massachusetts Route 114 connects Middleton to these arterials, running through the town's central portion, dotted with restaurants, quaint shops, bars, and art galleries.
Employment hubs in the larger region include Cummings Center to the east in Beverly, which is the former headquarters of United Shoe Machinery Corporation. In the late 1990s, a significant renovation turned the site into a corporate campus providing office, laboratory, or research space. A cluster of biotech and high-tech uses is also along Cherry Hill Drive, north of Route 128 in Danvers. Occupiers include HighRes Biosolutions, Axcelis, Leica Biosystems, and Abiomed.
Postsecondary education options nearby include Gordon College and Endicott College, which enroll well over 5,000 students combined. Transit options include major stops at North Beverly, Beverly, and Montserrat Station along the Newburyport/Rockport commuter line.
Tenants looking to locate or expand in the area will find vacancies running slightly below the greater Boston metro trend, with space pricing indicating a slight premium to market asking rates. In return, however, businesses looking to escape the more expensive clusters closer to Boston proper will also find many well-paid working professionals nearby.
DEMOGRAPHICS
Regional Accessibility
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Starbucks | Cafe | $ | 3 min walk |
| Freddy's Place | Cafe | $$ | 4 min walk |
| Dunkin' | Cafe | - | 10 min walk |
Retail |
||
|---|---|---|
| Walgreens | Drug Store | 5 min walk |
| TD Bank | Bank | 9 min walk |
Hotels |
|
|---|---|
| Best Western Plus |
134 rooms
6 min drive
|
| Candlewood Suites |
126 rooms
5 min drive
|
| Knights Inn |
80 rooms
8 min drive
|
| SpringHill Suites |
164 rooms
11 min drive
|
Leasing Agent
Leasing Agent
About the Owner
-
Peter Richardson -
The Richardson Group LLC
Presented by
25 Rundlett Way
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