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Investment Highlights
- $4.7 M in Recent Capital Improvements
- 2.5 Miles to I-95
- 20 Miles to Boston
- Situated in Greater Boston's Most Robust Lab Cluster
- 10.5 Miles to I-495 via Route 3
- Close proximity to the Hanscomb Air Force Base and Hartwell Avenue, as well as may large biotech companies, and the Burlington Mall
Executive Summary
Influenced by the educational hub that exists in Boston and Cambridge, Greater Boston is a booming area for life science research and development. VC backed early-stage biotech and blue-chip corporations benefit from the vast pool of talent that is strongly supported by the infrastructure surrounding world-class institutions such as MIT and Harvard. As this influence expands to the Bedford/Lexington area, it becomes more established as a resilient suburban life science market in Greater Boston. Since 2015, significant investments have been made by ownership to improve the existing lab areas and build new lab space, a total investment of over $4.7M to the facility. 13-15 DeAngelo Dr is surrounded by blue-chip life science tenants including ThermoFisher, Stoke Theraputics, Cystic Fibrosis Foundation, and Millipore Sigma, offering lab and clean manufacturing companies the benefit of being in Greater Boston's most vibrant suburban lab cluster.
Property Facts
| Price | $7,000,000 | Rentable Building Area | 31,000 SF |
| Price Per SF | $225.81 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1975/2021 |
| Property Type | Flex | Tenancy | Single |
| Property Subtype | Flex Research & Development | Parking Ratio | 3.42/1,000 SF |
| Building Class | B | Clear Ceiling Height | 11’ |
| Lot Size | 2.92 AC | No. Dock-High Doors/Loading | 1 |
| Zoning | BSL-1 - Lab Office Building | ||
| Price | $7,000,000 |
| Price Per SF | $225.81 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | B |
| Lot Size | 2.92 AC |
| Rentable Building Area | 31,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1975/2021 |
| Tenancy | Single |
| Parking Ratio | 3.42/1,000 SF |
| Clear Ceiling Height | 11’ |
| No. Dock-High Doors/Loading | 1 |
| Zoning | BSL-1 - Lab Office Building |
Amenities
- Bio-Tech/ Lab Space
Utilities
- Lighting
- Water
- Sewer
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 31,000 SF
- Flex
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 31,000 SF | Flex | Full Build-Out | Now |
1st Floor
| Size |
| 31,000 SF |
| Space Use |
| Flex |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | BEDF-000063-000000-000158-F000000 | Improvements Assessment | $4,849,700 |
| Land Assessment | $1,387,900 | Total Assessment | $6,237,600 |
Property Taxes
Parcel Number
BEDF-000063-000000-000158-F000000
Land Assessment
$1,387,900
Improvements Assessment
$4,849,700
Total Assessment
$6,237,600
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13-15 DeAngelo Dr
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