150 Shirley St, Boston, MA, 02119, US

136-150 Shirley St

Asset description

9,300 square foot Industrial/flex asset located in Boston's Newmarket Industrial District. The Property has been occupied by The BASE, an urban sports academy sponsored by The Lewis Family, since 2013. The BASE will continue to lease the Asset trough April 2029.

Located within an established commercial community and situated less than a 15-minute drive from Downtown Boston, 136-150 Shirley Street offers seamless access to major interstates and in turn, major population hubs. This offering represents an opportunity to own real estate in what is Boston's premier logistics location - one that consistently commands the highest rents and lowest vacancies in the region.

The Property is being offered as-is, free and clear of any debt.

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Attributes

Building area net

864 sm

Land area gross

0.09 ha

Occupancy

100%

WAULT

5.5 years

Year renovated

2019

Year built

1950

Media

Investment highlights

Newmarket Square is conveniently located in the heart of Boston, making it easily accessible and well-connected to other neighborhoods and areas of the city.
The area is known for its diverse community, consisting of residents and businesses from various cultural backgrounds. This diversity contributes to a vibrant atmosphere and a wide range of culinary offerings.
Loaded with significant redevelopment potential, with plans underway to revitalize the square and enhance its infrastructure. This could bring new amenities, improved public spaces, and attract further investment.
Rezoning efforts are underway to encourage mixed-use development, including residential, commercial, and industrial spaces. These zoning changes provide flexibility for future development projects.