1 GARFIELD CIRCLE 1 GARFIELD CIRCLE BURLINGTON, MA 01803
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1 1 GARFIELD CIRCLE 1 GARFIELD CIRCLE BURLINGTON, MA Connie Neville, J.D. Managing Director/Self Storage Council Co-Chair nevillec@svn.com SVN C.M. NEVILLE & ASSOCIATES, INC. P.O. BOX 193, LEXINGTON, MA OFFERING MEMORANDUM
2 Property Summary OFFERING SUMMARY Available SF: 540-4,136 SF Lease Rate: $ SF/yr (NNN) Lot Size: Acres Year Built: 1930 Building Size: 9,383 SF Renovated: 2018 Zoning: General Industrial Market: Burlington Submarket: Boston Suburbs PROPERTY OVERVIEW This property is conveniently located at the junction of Route 128 and Route 3, the Middlesex Turnpike. The completely renovated building is ready to buildout to your needs and specifications. Numerous uses are permitted in the IG zone including professional and medical offices, diagnostic medical laboratories, light manufacturing, food commissaries, childcare and educational facilities. In addition, the lower level offers three spaces of SF with drive-in doors suitable for contractors, research and development companies and small distribution businesses. Presently, the entire first floor of 4,136 SF is available for one tenant or it can be subdivided for 2 or 3 tenants. An airy second floor of 1,572 SF offers numerous windows and a private loft space. The owner will maintain his business on the property. Parking is plentiful. AVAILABLE SPACES SPACE LEASE RATE SIZE First Floor $20.00 SF/yr 4,136 SF Second Floor $20.00 SF/yr 1,572 SF Ground Floor $18.00 SF/yr 540 SF Ground Floor $18.00 SF/yr 1,007 SF 1 GARFIELD CIRCLE BURLINGTON, MA SVN C.M. Neville & Associates, Inc. Page 2
3 Complete Highlights LEASE HIGHLIGHTS Conveniently located at junction of Route 128 and Middlesex Turnpike Numerous amenities in vibrant retail area Entire 1st and 2nd floor available 2nd floor has additional private loft space Spaces from 540-4,136 SF Ground level units with drive-in doors Rent $18.00-$20.00 NNN Triple Net charges expected to be $7-$8 Gas and electricity will be separately metered On-site parking IG Zone permits: Professional and Medical Offices Childcare and educational facilities Light Manufacturing R&D Companies Distribution Businesses Contractors Food Commissaries Diagnostic Medical Laboratories 1 GARFIELD CIRCLE BURLINGTON, MA SVN C.M. Neville & Associates, Inc. Page 3
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10 3D Layout First Floor 1 GARFIELD CIRCLE BURLINGTON, MA SVN C.M. Neville & Associates, Inc. Page 10
11 3D Layout Second Floor 1 GARFIELD CIRCLE BURLINGTON, MA SVN C.M. Neville & Associates, Inc. Page 11
12 3D Layout Lower Level 1 GARFIELD CIRCLE BURLINGTON, MA SVN C.M. Neville & Associates, Inc. Page 12
13 Regional Map 1 GARFIELD CIRCLE BURLINGTON, MA SVN C.M. Neville & Associates, Inc. Page 13
14 Location Maps 1 GARFIELD CIRCLE BURLINGTON, MA SVN C.M. Neville & Associates, Inc. Page 14
15 Area Retail Aerial 1 GARFIELD CIRCLE BURLINGTON, MA SVN C.M. Neville & Associates, Inc. Page 15
16 Area Retail Aerial 1 GARFIELD CIRCLE BURLINGTON, MA SVN C.M. Neville & Associates, Inc. Page 16
17 Demographics Map POPULATION 1 MILE 5 MILES 10 MILES Total population 3, , ,089 Median age Median age (Male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES Total households 1,578 69, ,390 # of persons per HH Average HH income $141,423 $121,264 $104,163 Average house value $587,729 $553,566 $517,896 * Demographic data derived from 2010 US Census 1 GARFIELD CIRCLE BURLINGTON, MA SVN C.M. Neville & Associates, Inc. Page 17
18 Advisor Bio CONNIE NEVILLE, J.D. Managing Director/Self Storage Council Co-Chair PROFESSIONAL BACKGROUND Constance (Connie) Neville, J.D., is a Managing Director & Co-Chair of the Self Storage Product Council for SVN. She specializes in the sale of self storage facilities in New England. As a member of the SVN Asset Recovery Team (SVNART) Connie represented regional banks and lenders in the disposition of troubled loans and foreclosed properties. Locally, Connie works with landlords and tenants leasing retail and office properties in Lexington, MA. On a national level Connie has clients who remediate, reposition and re-develop environmentally impacted properties. In 2000, before affiliating with SVN, Neville founded her own full service brokerage firm, C.M. Neville & Associates. Under her direction the firm sold land, industrial, retail, and office properties in Eastern Massachusetts. These transactions included the acquisition of several properties for Public Storage, a variety of investment sale transactions and several end-user purchases. Prior to entering commercial real estate Neville practiced law, serving as litigator and negotiator for individuals, business owners and corporations. Coupled with her commercial real estate expertise, Neville's legal training and experience enable her to effectively negotiate deals in the best interest of all parties. P.O. Box 193 Lexington, MA T C nevillec@svn.com Since joining the SVN National Self Storage Team, Neville has participated in the sale of self storage properties totaling 3,022,000 square feet and over $179,000,000 in Massachusetts, Connecticut, Rhode Island, Maine, New Hampshire and New York. Neville is a member of the National Self Storage Association (SSA). She is a member of and board member of the Northeast Self Storage Association (NESSA), the Maine Self Storage Association (MeSSA) and the New Hampshire Self Storage Association (NHSSA). In addition to her primary focus on the self storage asset class, Neville brokers transactions involving mixed-use retail and office properties, and industrial buildings. As a resident of Lexington, Massachusetts, Neville is actively involved in community groups including Rotary, the Chamber of Commerce and various town committees. Neville received her Juris Doctor from Northeastern University School of Law, her master's degree from George Washington University and her bachelor's degree from Skidmore College. 1 GARFIELD CIRCLE BURLINGTON, MA SVN C.M. Neville & Associates, Inc. Page 18
9 ALFRED CIRCLE BEDFORD, MA Connie Neville, J.D. Managing Director/Self Storage Council Co-Chair
9 ALFRED CIRCLE BEDFORD, MA 01730 Connie Neville, J.D. Managing Director/Self Storage Council Co-Chair 781.696.6241 nevillec@svn.com SVN C.M. NEVILLE & ASSOCIATES, INC. P.O. BOX 193, LEXINGTON, MA 02420
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