For Sale
$5,400,000

45 Beechwood DrNorth Andover, MA 01845

North Andover, MA Flex Building - $5.4M

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 30,855-square-foot flex building at 45 Beechwood Drive in North Andover, Massachusetts, presents a compelling investment opportunity. Located in Essex County, this single-story, Class B industrial property sits on a 5.01-acre lot and boasts a 12-foot ceiling height. Built in 1997, the building is currently 100% occupied under a corporate-guaranteed lease with Tower Engineering Professionals, extending through 2027. The property features two dock-high doors and a full HVAC system, making it ideal for a variety of industrial, flex, or R&D uses. Its strategic location directly across from a 3.8 million-square-foot Amazon distribution facility offers significant advantages. The property is offered fee simple, with a list price of $5,400,000 ($175.01 per square foot). The short-term lease provides an excellent opportunity for owner-users or value-add investors seeking to capitalize on the property's prime location in an affluent Boston suburb, just 32 miles from Boston and near the New Hampshire border, providing access to a strong labor pool. The flexible layout and well-maintained condition further enhance its appeal. This is a rare chance to acquire a high-quality industrial property in a thriving market. The property is offered as a single unit with a NNN lease type.

Highlights

  • 30,855 SF flex building on a 5.01-acre lot in North Andover, MA.
  • Short-term lease provides opportunity for owner-users or value-add investors.
  • Flexible layout suitable for industrial, flex, and R&D uses.
  • Well-maintained Class B building in an affluent Boston suburb.
  • Prime location across from a 3.8M SF Amazon distribution facility, 32 miles from Boston, near the NH border.

Property Details for 45 Beechwood Dr

Property type
Industrial properties, Flex space
Square Feet
30,855 SF
Class
B
Year Built
1997
Buildings
1
Stories
1
Lot Size (sq. ft)
218,236 SF
Units
1

Location Insight

City
North Andover
County
Essex
State
Massachusetts
Latitude
42.7305588
Longitude
-71.1099474
45 Beechwood Dr, North Andover, Massachusetts

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
45 Beechwood Dr
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message