Raymond L. Flynn Marine Park - 645 Summer Street

Off-Market

645 Summer Street, Boston, MA 02210

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - Flex - Office
  • Property Size 150,000 SF
  • Lot Size 4.32 Acre
  • Parking Spaces Avail. 30
  • Parking Ratio 0.20 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • LEED Certified Silver
  • Building Class A
  • Year Built 2017

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Boston

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Boston Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $61.34
  • 2022 Office Vacancy Rate 10.18%
  • 2022 Office Completions (SF) 1,239,740

Boston Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $798.95
  • Y-o-Y Avg. PpSF Change -5.58%
  • 2022 Office Sales Volume $274.2M
  • 2022 Number of Transactions 3
View more Boston market trends

Location

Getting Around

  • Walk Score ®

    65/100 Somewhat Walkable
  • Transit Score ®

    62/100 Good Transit
  • Bike Score ®

    70/100 Very Bikeable
Powered by Walk Score ®
  • City Boston, MA
  • Neighborhood South Boston
  • Zip Code 02210
  • Market Boston

Points of Interest

  • Broadway

    0.86 miles

  • Boston South Station

    1.01 miles

  • South Station

    1.05 miles

  • Andrew

    1.19 miles

  • Tufts Medical Center

    1.32 miles

  • Chinatown

    1.35 miles

  • Aquarium

    1.37 miles

  • Downtown Crossing

    1.40 miles

  • Boylston

    1.47 miles

  • State

    1.48 miles

  • Gulf

    0.45 miles

  • Southie Gas

    0.77 miles

  • Speedway

    0.91 miles

  • ChargePoint

    1.26 miles

  • Speedway

    1.65 miles

  • Stop & Shop Gas

    1.68 miles

  • Columbia Road Gulf

    1.69 miles

  • ChargePoint

    1.73 miles

  • Shell - Nouria

    1.81 miles

  • Tesla Supercharger

    2.06 miles

  • D St Parking Lot

    0.30 miles

  • South Boston Waterfront Transportation Center

    0.42 miles

  • United States Postal Service Lot A

    0.57 miles

  • Channel Center Garage

    0.62 miles

  • Stillings Street Garage

    0.68 miles

  • Necco Street Parking Garage

    0.72 miles

  • Channelside Parking

    0.76 miles

  • Farnsworth Garage

    0.78 miles

  • Cruise Ship Cell Phone Lot

    0.79 miles

  • Underground at Ink Block Parking

    1.09 miles

  • Hampton Inn & Homewood Suites

    0.20 miles

  • Aloft Boston Seaport

    0.25 miles

  • Element Boston Seaport

    0.27 miles

  • The Westin Boston Waterfront

    0.33 miles

  • Omni Hotel Seaport

    0.39 miles

  • Hyatt Place Boston Seaport District

    0.43 miles

  • Renaissance Boston Waterfront Hotel

    0.43 miles

  • Quarters on Dots

    0.48 miles

  • Seaport Boston Hotel

    0.53 miles

  • Residence Inn by Marriott Boston Downtown/Seaport

    0.71 miles

  • Dunkin'

    0.26 miles

  • Jimmy John's

    0.26 miles

  • My Diner

    0.29 miles

  • M.J. O'Connor's

    0.35 miles

  • Village Pizza & Grill

    0.46 miles

  • Salvatore's

    0.47 miles

  • Yankee Lobster Eatery

    0.47 miles

  • LTK: The Legal Test Kitchen

    0.48 miles

  • Legal Harborside

    0.49 miles

  • Temazcal

    0.49 miles

  • Joseph P Tynan School

    0.50 miles

  • Gate Of Heaven Elementary

    0.52 miles

  • Gate of Heaven Elementary School

    0.52 miles

  • St Peter Academy

    0.59 miles

  • Excel High School

    0.66 miles

  • South Boston Catholic Academy

    0.68 miles

  • James Condon Elementary School

    0.69 miles

  • Uphams Corner Charter School

    0.80 miles

  • Conservatory Laboratory Charter School

    0.81 miles

  • Oliver Hazard Perry School

    0.85 miles

  • Joseph M. Tierney Learning Center

    0.94 miles

  • Little Sprouts

    1.26 miles

  • ABCD Head Start and Children Services

    1.46 miles

  • Nurtury

    1.46 miles

  • KinderCare

    1.48 miles

  • Bright Horizons

    1.71 miles

  • Bright Horizons

    1.76 miles

  • Kidport

    1.85 miles

  • Bright Horizons

    1.87 miles

  • John Winthrop School

    1.96 miles

Frequently Asked Questions

What is the total square footage of Raymond L. Flynn Marine Park - 645 Summer Street?

Raymond L. Flynn Marine Park - 645 Summer Street totals 150,000 square feet.

When was this property built?

Raymond L. Flynn Marine Park - 645 Summer Street was built in 1970.

What is the market value for Raymond L. Flynn Marine Park - 645 Summer Street?

The market value* for Raymond L. Flynn Marine Park - 645 Summer Street in 2023 was $87,099,400.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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