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12 Garden St 5,880 SF of Industrial Space Available in Danvers, MA 01923

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HIGHLIGHTS

  • Two (2) drive-in doors

FEATURES

Clear Height
8’
Column Spacing
98’ x 60’
Drive In Bays
2
Standard Parking Spaces
20

ALL AVAILABLE SPACE(1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 5,880 SF
  • Negotiable
  • $2.23 /SF/YR $0.19 /SF/MO $13,112 /YR $1,093 /MO
  • Industrial
  • -
  • 30 Days

The Mega Group is pleased to make available this single-tenant Industrial opportunity just off Route 114 in Danvers MA, with quick access to Routes 128, 1 & 95. The Subject Property is about 98’ long by 60’ wide, or 5,880 +/- square feet with two (2) 8’ x 8’ drive-in doors currently 8’ clear height to about 10’ inside the trusses. Cinder Block construction on slab having been built around 1975, parking on-site and situated on 40,395 +/- square feet of land. Absolute NNN ground lease terms.

  • Lease rate does not include utilities, property expenses or building services
  • 2 Drive Ins
  • Includes 720 SF of dedicated office space
Space Size Term Rental Rate Space Use Condition Available
1st Floor 5,880 SF Negotiable $2.23 /SF/YR $0.19 /SF/MO $13,112 /YR $1,093 /MO Industrial - 30 Days

1st Floor

Size
5,880 SF
Term
Negotiable
Rental Rate
$2.23 /SF/YR $0.19 /SF/MO $13,112 /YR $1,093 /MO
Space Use
Industrial
Condition
-
Available
30 Days

1st Floor

Size 5,880 SF
Term Negotiable
Rental Rate $2.23 /SF/YR
Space Use Industrial
Condition -
Available 30 Days

The Mega Group is pleased to make available this single-tenant Industrial opportunity just off Route 114 in Danvers MA, with quick access to Routes 128, 1 & 95. The Subject Property is about 98’ long by 60’ wide, or 5,880 +/- square feet with two (2) 8’ x 8’ drive-in doors currently 8’ clear height to about 10’ inside the trusses. Cinder Block construction on slab having been built around 1975, parking on-site and situated on 40,395 +/- square feet of land. Absolute NNN ground lease terms.

  • Lease rate does not include utilities, property expenses or building services
  • Includes 720 SF of dedicated office space
  • 2 Drive Ins

PROPERTY OVERVIEW

12 Garden Street is within the recently zoned Route 114 Corridor Zone A District. The purpose of the Route 114 Corridor Zone A is to control and design commercial and industrial development along the Route 114 Corridor in such a manner that encourages sound site planning, enhances the physical appearance of the area, and enhances the economic health of a major commercial and industrial area of Danvers. Absolute NNN ground lease terms: 40,395 SF of land X $2.23 PSF = $90,080.85 annual base rent ÷ 12 months = $7,506.74 monthly base rent

MANUFACTURING FACILITY FACTS

Building Size
5,880 SF
Lot Size
0.93 AC
Year Built
1975
Construction
Masonry
Zoning
R114-A - Route 114 Corridor - Zone A District
  • Listing ID: 28450465

  • Date on Market: 5/10/2023

  • Last Updated:

  • Address: 12 Garden St, Danvers, MA 01923

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