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407R Mystic Ave
Medford, MA 02155

Last Mile Flex NNN 9 Years of Term · Flex Property For Sale

INVESTMENT HIGHLIGHTS

  • Fully Leased NNN 13,590 SF Flex Warehouse with nine years of term remaining on newly signed lease.
  • More than 900,000 people live within a five-mile radius.
  • Rents in the area grew by 10.8% over the past year, which easily exceeds the 5.3% average annual change of the past decade.
  • Last Mile location with unmatched access to I-93 and Boston.
  • Other national tenants in the area include Target, Lyft, FedEx, and Horizon Air Industries.
  • Regional universities Tufts, Harvard, and MIT provide a highly skilled workforce to the greater Boston area.

PROPERTY FACTS

Property Type Flex
Building Class B
Lot Size 6.27 AC
Rentable Building Area 13,590 SF
No. Stories 2
Year Built/Renovated 1958/2020
Tenancy Single
Parking Ratio 0.58/1,000 SF
Clear Ceiling Height 10’6”
No. Drive In / Grade-Level Doors 1

PROPERTY TAXES

ZONING

Zoning Code Commercial 2
  • Listing ID: 24181301

  • Date on Market: 9/28/2021

  • Last Updated:

  • Address: 407R Mystic Ave, Medford, MA 02155