508-271-9230
292 Main St, Northborough, MA for Sale
Storefront Retail/Office - FOR SALE
1/4
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292 Main St
Northborough, MA 01532


HIGHLIGHTS

  • Established Neighborhood Center - 100% leased with 12 flexible-size suites and a diverse tenant mix.
  • Strong Tenant Retention - Historically high occupancy with median tenant tenure exceeding 13 years.
  • Prominent Signalized Location - Positioned at the intersection of Route 20 & Bartlett Street with exposure to 12,333± vehicles per day.
  • Excellent Regional Access - Convenient access to I-495, I-290, and the Massachusetts Turnpike (I-90).
  • Affluent MetroWest Trade Area - Supported by strong demographics, including $213K+ average household income within one mile.
  • Low Tax Environment - Northborough features a favorable single tax rate of $14.82 per $1,000 of assessed value.

OVERVIEW

NAI Parsons Commercial Group is pleased to exclusively offer for sale Cornerstone Square located at 292 Main Street, Northborough, Massachusetts (the “Property”). The Property consists of a fully occupied 14,120± square foot neighborhood center situated on a prominent 1.5± acre corner parcel along the highly traveled Route 20 corridor. Cornerstone Square represents an attractive opportunity to acquire a well-located, fully leased neighborhood retail center with stable tenancy, strong market fundamentals, and long-term investment potential within the Greater Boston marketplace.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cornerstone Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,681 SF

ZONING

BE

APN/PARCEL ID

NBOR-000470-000000-000099

ASK ABOUT THIS PROPERTY

Marilyn SantiagoNAI | Parsons Commercial Group - BostonMore Info
508-271-9230

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Marilyn SantiagoNAI | Parsons Commercial Group - BostonMore Info
508-271-9230

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.