251 Locke Dr - Office FOR SALE
Marlborough, MA 01752 |
251 Locke Dr
Marlborough, MA 01752
HIGHLIGHTS
- Prime value-add office investment in Marlborough just outside of Boston and 1 mile from Interstate 495 and Route 20.
- This asset is 66% occupied, allowing investors to lease out vacancies at market rates, or owner/users can use vacancies for their own business.
- Commuting is a breeze to and from the asset with I-495 and I-290 seconds away and a plethora of local and national retailers within a quick drive.
- Marlborough demographics are noteworthy, boasting a rising population and high household incomes in a 10-mile radius of over $144,000.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Institutional Asset + Upside | Boston MSA
PROPERTY TYPE
Office
ADD'L SUBTYPES
R&D
TOTAL BUILDING SIZE
160539
STORIES
3
BUILDING CLASS
B
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
649
LAND DETAILS
LAND ACRES
14.78 AC AC
LAND SF
643,817 SF
ZONING
-
APN/PARCEL ID
MARL-000053-000081
