INDUSTRIAL BUILDING w TWO (2) DRIVE-IN DOORS
12 Garden Street, Danvers MA
The Mega Group is pleased to make available this single-tenant Industrial opportunity just off Route 114 in Danvers MA, with quick access to Routes 128, 1 & 95. The Subject Property is about 98’ long by 60’ wide, or 5,880 +/- square feet with two (2) 8’ x 8’ drive-in doors currently 8’ clear height to about 10’ inside the trusses. Cinder Block construction on slab having been built around 1975, parking on-site and situated on 40,395 +/- square feet of land.
12 Garden Street is within the recently zoned Route 114 Corridor Zone A District. The purpose of the Route 114 Corridor Zone A is to control and design commercial and industrial development along the Route 114 Corridor in such a manner that encourages sound site planning, enhances the physical appearance of the area, and enhances the economic health of a major commercial and industrial area of Danvers.
Brochure Zoning BylawsAbsolute NNN ground lease terms: 40,395 SF of land X $2.23 PSF = $90,080.85 annual base rent ÷ 12 months = $7,506.74 monthly base rent
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