4 Technology WaySalem, MA 01970MLS Number 72445904

  • Price: $7,250,000
  • 31 Days on Market
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Federal 30-year interest rate: 4.37% last updated on Feb 14, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • 4.5Acreage
  • 2012Year Built
  • 86000Square Feet
  • 108Parking Spaces

Driving Directions

This new 86,000 square foot Laboratory/Multi-Use Building will have up to 50,000 SF available for lease that is subdividable. Tenant(s) will have the unique opportunity to work with the owner to customize the build-out of their space. This secure state of the art facility has 13ft ceiling heights (slab to slab), all the latest electronic building systems, back up power generator and is Class A steal beam construction. Owner will be interested in a sale or lease. The current tenant, US Biological, will occupy 35,000 sqft in a long term lease. The building is located in Salem Business Park with Doyle Sailmakers, Baker School of Gymnastics, Salem Glass, Thermal Circuits, and Jaqueline's Wholesale Bakery. This is a terrific opportunity to relocate or expand your business on the North Shore, which is only 2 miles from Swampscott MBTA commuter rail, and 15 miles from Boston.

Listed by Peter Mayfield of Horizon Capital Realty

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More Info

Parking

  • Parking Spaces108
  • Parking FeatureAssigned, Open, Paved Driveway

Building

  • Year Built2012
  • ConstructionSteel
  • Total Bldg Sf86000
  • Wau Units4
  • No Buildings1
  • No Of Restrooms10
  • No Stories2
  • SprinklersYes
  • Sub DividableYes
  • Entry OnlyNo
  • ElevatorYes
  • Assessed Value Bldg1614400
  • DividableYes
  • Mau Units4
  • Undrgrnd TankNo

Photos

  • Photo Date2019-01-25T15:43:00
  • Number of Photos7

Basic Information

  • StatusACT
  • MLS Number72445904
  • Prop TypeCI
  • Status Date2019-01-25T13:47:00
  • Date Listed01/16/2019
  • List Price$7,250,000
  • Price Per Square Foot$84
  • LeaseYes
  • Lease Price IncludesBuilding
  • Lease TypeTriple Net Lease (NNN)
  • DirectionMinutes from Home Depot, TJ Maxx, Shaws, Target, MBTA Swampscott Station, and residential developments.

Exterior

  • Roof MaterialMetal

Utilities

  • UtilitiesPublic Water

Location

  • Building Number4
  • Street No4
  • StreetTechnology Way
  • TownSalem
  • StateMA
  • Zip01970
  • CountyEssex
  • LocationSuburban, Industrial Park, Free Standing, Highway Access, Public Transportation

Property

  • Acreage4.5
  • Space AvailableFor Sale/Lease
  • Square Feet86000
  • SubletYes
  • Lot Size196020
  • Handicap AccessYes
  • Assessed Value Land506800
  • Main LoNB2211

Auction

  • Special FinancingYes

Other

  • Modification Date2019-01-29T03:05:00
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • DisclosuresOwner is excited to work with new tenants and buyers. Depending on the space and required build out, owner is looking for $15-$25nnn per square foot. Please inquire with any questions you or your clients may have!
  • Book84550
  • Listing AgreementExclusive Right to Sell
  • Maf Bldg Sf50000
  • Waf Bldg Sf50000
  • Off Bldg Sf50000
  • ExchangeNo
  • Page479
  • View Count11
Sagan Harborside Sotheby's International Realty - Swampscott
Sagan Harborside Sotheby's International Realty - Swampscott
Office: 781-593-6111
300 Salem Street
Swampscott, MA 01907

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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