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57 E Main Street - Downtown Crossing, Westborough, MA

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DetailMap
57 E Main Street - Downtown Crossing

Westborough, MA 01581-1464 - The Boroughs Submarket


Property Type:Office Sub Type:- Status:Existing , Renov January 2003 Year Built:1984
Stories:2 Typical Floor:28,340 SF Building Size:56,699 SF
Smallest Space:778 SF Largest Space:4,577 SF Total Space Avail:12,934 SF Rent/SF/Yr:
$15.00 - $16.00
Parking:Free Surface spaces are available; Ratio of 5/1,000 SF Amenities:Restaurant


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
1,765 SF
$16.00/SF/Yr
Vacant
Negotiable
Office/Retail
 2nd
2,930 SF
$15.00/SF/Yr
Vacant
Negotiable
Office/Retail
 2nd
778 SF
$15.00/SF/Yr
Vacant
Negotiable
Office/Retail
 2nd
1,667 SF
$15.00/SF/Yr
Vacant
Negotiable
Office/Retail
 2nd
1,217 SF
$15.00/SF/Yr
Vacant
Negotiable
Office/Retail
 2nd
4,577 SF
$15.00/SF/Yr
Vacant
Negotiable
Office/Retail
 
7988748
7844770
7844774
7844785
7926926
2300102
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
1,765 SF
$16.00/SF/Yr
Vacant
Negotiable
Office/Retail
2nd
2,930 SF
$15.00/SF/Yr
Vacant
Negotiable
Office/Retail
2nd
778 SF
$15.00/SF/Yr
Vacant
Negotiable
Office/Retail
2nd
1,667 SF
$15.00/SF/Yr
Vacant
Negotiable
Office/Retail
2nd
1,217 SF
$15.00/SF/Yr
Vacant
Negotiable
Office/Retail
2nd
4,577 SF
$15.00/SF/Yr
Vacant
Negotiable
Office/Retail
Downtown Crossing offers tenants a central Westborough location without needing to drive through the rotary or downtown area. The property is situated on Route 30 between Westborough center and Route 9 with easy access to Route 9, 495 and the Massachusetts Turnpike. Downtown Crossing two distinct types of space, which include the first floor community businesses such as the dance school and other retail uses while the second floor offers Class A office spaces for all types of businesses. In recent years a number of medical businesses have been attracted by the executive atmosphere of this newly renovated professional building.
The property is listed for sale with Greater Boston Commercial Properties, Inc. as the exclusive listing broker with a current net operating income of $527,184. Taking into consideration that the building is 80% leased, there is 20% available providing tremendous upside with additional leasing. Additional revenue potential aside, this exceptional investment opportunity already boasts a capitalization rate of 9.59% on the existing tenancy.




Eastport Real Estate Services
Robert Bowen
(781) 890-5855 x122



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