198 Columbia Rd
Hanover, MA 02339
New GSA lease · Office Property For Sale

The KeyPoint Investment Sales team has been exclusively engaged to sell the fee simple interest in 198 Columbia Road (Route 53) in Hanover, MA. This conveniently located 14,000 SF retail/office building is anchored by a highly coveted GSA lease procured for use as a Social Security (SSA) office. SSA, who has been at the property since 1968, recently signed a 15 year lease extension and will relocate to the other side of the building. The landlord is responsible for delivering a “turnkey” space to GSA specifications. The rest of the building is fully occupied by 5 tenants that have all been intentionally kept as TAWs to provide maximum flexibility. The asset enjoys a stellar location within desirable Hanover, near the signalized intersection of routes 53 and 139. Direct access is available from both streets and the property has ample off-street parking.