1 Derby St
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1 Derby St
15,699 SF 84% Leased Office Building Hingham, MA 02043 For Sale
Investment Highlights
- FULLY ACTIVATED RETAIL COMPONENT
- PREMIER SOUTH SHORE COMMUNITY
- HIGHLY ACCESSIBLE LOCATION
- STRONG LOCAL DEMOGRAPHICS
Executive Summary
Newmark’s Boston Capital Markets Group has been exclusively retained to sell One Derby Street, a 17,658-square-foot, 83% leased retail and office asset located less than 20 miles southeast of Boston in the affluent South Shore community of Hingham, Massachusetts.
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- Leases
Property Facts
Sale Type
Investment
Property Type
Building Size
15,699 SF
Building Class
B
Year Built
2007
Percent Leased
84%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
7,850 SF
Building FAR
0.35
Lot Size
1.04 AC
Zoning
Retail/Office - Retail on the first floor and office on the second floor.
Parking
53 Spaces (3.38 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Space offers a professional environment with surface parking available for convenience.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 2,622 SF | Office | Full Build-Out | Now |
2nd Floor
| Size |
| 2,622 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size | 2,622 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Space offers a professional environment with surface parking available for convenience.
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PROPERTY TAXES
| Parcel Number | HING-000196-000000-000021 | Improvements Assessment | £2,705,243 |
| Land Assessment | £544,585 | Total Assessment | £3,249,828 |
PROPERTY TAXES
Parcel Number
HING-000196-000000-000021
Land Assessment
£544,585
Improvements Assessment
£2,705,243
Total Assessment
£3,249,828
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1 Derby St
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