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2 Wells Ave
Newton, MA 02459
Two Wells Avenue · Property For Lease

HIGHLIGHTS

  • 2-Private Tailboards

PROPERTY OVERVIEW

3/2015- Planned renovation of this 80 K building to 152,640 SF (125,000 on 4 new floors and 27,640 in existing bldg). It is fully permitted and has potential for future growth totalling 219,400 SF. Owner: Steven Sands Advisor /partner: Bruce Levine –Equity Industrial Architect; Brent Maugel Contractor: Integrated Builders Size: 120 KSF on 2 floors with 110 K SF available. Efficiency Factor: 90% plus Finished Ceilings: 10 Feet (higher for exposed) Systems: New Façade: New Roof: New Parking: 3.5/1,000 surface Tenants: only Newton Wellesley hospital lab of 10K stays(remains Timing: Base building can be delivered 11/2015 Cost: Average rent of $28.50 NNN with $50 in TI for 12-15 year term. Estimated Expenses: $11.00 Design-there is flexibility

  • Signage
  • Wheelchair Accessible
  • Outdoor Seating
  • Air Conditioning
  • Smoke Detector

PROPERTY FACTS

Building Type
Office
Year Built
2017
LoopNet Rating
4 Star
Building Height
3 Stories
Building Size
132,588 SF
Building Class
A
Typical Floor Size
44,196 SF
Unfinished Ceiling Height
11’
  • Listing ID: 4393860

  • Date on Market: 9/25/2016

  • Last Updated:

  • Address: 2 Wells Ave, Newton, MA 02459

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